Janney Montgomery Scott LLC lowered its holdings in shares of Eaton Vance Tax-Managed Buy-Write Income (NYSE:ETB) by 23.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 31,710 shares of the financial services provider’s stock after selling 9,968 shares during the period. Janney Montgomery Scott LLC owned about 0.13% of Eaton Vance Tax-Managed Buy-Write Income worth $531,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. boosted its holdings in Eaton Vance Tax-Managed Buy-Write Income by 53.2% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 238,609 shares of the financial services provider’s stock worth $3,913,000 after purchasing an additional 82,816 shares during the last quarter. Segment Wealth Management LLC purchased a new stake in Eaton Vance Tax-Managed Buy-Write Income during the 2nd quarter valued at about $121,000. Wells Fargo & Company MN grew its position in Eaton Vance Tax-Managed Buy-Write Income by 9.3% during the 2nd quarter. Wells Fargo & Company MN now owns 436,787 shares of the financial services provider’s stock valued at $7,163,000 after purchasing an additional 37,031 shares during the last quarter. Cetera Investment Advisers purchased a new stake in Eaton Vance Tax-Managed Buy-Write Income during the 2nd quarter valued at about $417,000. Finally, Advisors Asset Management Inc. grew its position in Eaton Vance Tax-Managed Buy-Write Income by 1,592.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 17,550 shares of the financial services provider’s stock valued at $294,000 after purchasing an additional 16,513 shares during the last quarter.

Shares of Eaton Vance Tax-Managed Buy-Write Income (NYSE:ETB) opened at $16.73 on Tuesday. Eaton Vance Tax-Managed Buy-Write Income has a 1 year low of $15.73 and a 1 year high of $17.30. The company has a market cap of $413.39, a PE ratio of 36.37 and a beta of 0.73.

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 22nd will be given a dividend of $0.108 per share. This represents a $1.30 annualized dividend and a yield of 7.75%. The ex-dividend date of this dividend is Thursday, December 21st.

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About Eaton Vance Tax-Managed Buy-Write Income

Eaton Vance Tax-Managed Buy-Write Income Fund is a United States-based diversified, closed-end management investment company. The Fund’s investment objective is to provide income and gains, with a secondary objective of capital appreciation. It invests in a portfolio of common stocks and writes call options on one or more the United States indices on a portion of the value of its common stock portfolio to generate earnings from the option.

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Institutional Ownership by Quarter for Eaton Vance Tax-Managed Buy-Write Income (NYSE:ETB)

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