Shaker Financial Services LLC Sells 294,670 Shares of Eaton Vance Enhanced Equity Income Fund II $EOS

by · The Cerbat Gem

Shaker Financial Services LLC lowered its stake in Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS – Free Report) by 53.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 253,907 shares of the company’s stock after selling 294,670 shares during the period. Eaton Vance Enhanced Equity Income Fund II comprises 1.8% of Shaker Financial Services LLC’s holdings, making the stock its 12th largest position. Shaker Financial Services LLC’s holdings in Eaton Vance Enhanced Equity Income Fund II were worth $5,408,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Royal Bank of Canada lifted its position in Eaton Vance Enhanced Equity Income Fund II by 4.5% during the first quarter. Royal Bank of Canada now owns 366,367 shares of the company’s stock valued at $7,496,000 after buying an additional 15,912 shares during the period. Rockefeller Capital Management L.P. lifted its position in shares of Eaton Vance Enhanced Equity Income Fund II by 8.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 119,860 shares of the company’s stock valued at $2,806,000 after buying an additional 9,822 shares in the last quarter. 1607 Capital Partners LLC bought a new position in Eaton Vance Enhanced Equity Income Fund II in the 4th quarter worth $2,154,000. Roman Butler Fullerton & Co. grew its holdings in Eaton Vance Enhanced Equity Income Fund II by 1.3% during the 1st quarter. Roman Butler Fullerton & Co. now owns 84,705 shares of the company’s stock valued at $1,804,000 after buying an additional 1,085 shares in the last quarter. Finally, PMG Family Office LLC boosted its holdings in shares of Eaton Vance Enhanced Equity Income Fund II by 7.6% during the 1st quarter. PMG Family Office LLC now owns 84,291 shares of the company’s stock valued at $1,725,000 after purchasing an additional 5,926 shares during the last quarter.

Eaton Vance Enhanced Equity Income Fund II Trading Down 1.4%

Shares of EOS stock traded down $0.31 on Wednesday, reaching $21.26. The company’s stock had a trading volume of 63,702 shares, compared to its average volume of 132,174. The stock’s fifty day simple moving average is $21.52 and its 200-day simple moving average is $21.77. Eaton Vance Enhanced Equity Income Fund II has a 1 year low of $19.44 and a 1 year high of $24.03.

Eaton Vance Enhanced Equity Income Fund II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.1523 per share. This represents a $1.83 annualized dividend and a dividend yield of 8.6%. The ex-dividend date is Thursday, October 15th.

Eaton Vance Enhanced Equity Income Fund II Company Profile

(Free Report)

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.

See Also

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