Formidable Asset Management LLC Decreases Stake in Eaton Vance Tax-Managed Global Dive Eq (EXG)

Formidable Asset Management LLC trimmed its stake in shares of Eaton Vance Tax-Managed Global Dive Eq (NYSE:EXG) by 95.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,000 shares of the financial services provider’s stock after selling 641,571 shares during the period. Formidable Asset Management LLC’s holdings in Eaton Vance Tax-Managed Global Dive Eq were worth $275,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CLS Investments LLC raised its holdings in shares of Eaton Vance Tax-Managed Global Dive Eq by 29.9% during the second quarter. CLS Investments LLC now owns 1,192,435 shares of the financial services provider’s stock valued at $10,935,000 after purchasing an additional 274,634 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Eaton Vance Tax-Managed Global Dive Eq by 12.5% during the second quarter. Ameriprise Financial Inc. now owns 735,378 shares of the financial services provider’s stock valued at $6,743,000 after purchasing an additional 81,874 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Eaton Vance Tax-Managed Global Dive Eq by 23.6% during the second quarter. Wells Fargo & Company MN now owns 602,089 shares of the financial services provider’s stock valued at $5,521,000 after purchasing an additional 114,927 shares during the last quarter. Conning Inc. raised its holdings in shares of Eaton Vance Tax-Managed Global Dive Eq by 1.6% during the second quarter. Conning Inc. now owns 471,294 shares of the financial services provider’s stock valued at $4,322,000 after purchasing an additional 7,383 shares during the last quarter. Finally, Pointe Capital Management LLC raised its holdings in shares of Eaton Vance Tax-Managed Global Dive Eq by 1.4% during the second quarter. Pointe Capital Management LLC now owns 358,796 shares of the financial services provider’s stock valued at $3,290,000 after purchasing an additional 5,106 shares during the last quarter.

Eaton Vance Tax-Managed Global Dive Eq (NYSE EXG) traded up 0.21% on Friday, hitting $9.35. 722,895 shares of the stock traded hands. Eaton Vance Tax-Managed Global Dive Eq has a 12 month low of $7.88 and a 12 month high of $9.45. The firm has a 50-day moving average price of $9.22 and a 200-day moving average price of $8.98.

The business also recently announced a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 22nd will be paid a $0.076 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 9.75%. The ex-dividend date is Thursday, September 21st.

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About Eaton Vance Tax-Managed Global Dive Eq

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The Fund holds investments in various sectors, such as aerospace and defense, auto components, banks, beverages, biotechnology, capital markets, chemicals, diversified telecommunication services, electric utilities, electrical equipment, equity real estate investment trusts, food products, healthcare equipment and supplies, household durables, household products, insurance, Internet and direct marketing retail, Internet software and services, information technology services, machinery, media, metals and mining, multi-utilities, personal products, pharmaceuticals, professional services, road and rail, specialty retail, tobacco and wireless telecommunication services.

Institutional Ownership by Quarter for Eaton Vance Tax-Managed Global Dive Eq (NYSE:EXG)

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