Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
90 hedge funds and large institutions have $190M invested in Eaton Vance Tax-Advantaged Global Dividend Income Fund in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 13 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
11% more capital invested
Capital invested by funds: $172M → $190M (+$18.6M)
0.58% less ownership
Funds ownership: 16.63% → 16.04% (-0.58%)
5% less funds holding
Funds holding: 95 → 90 (-5)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.84M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.76M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.28M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$889K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$730K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.33M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.9M |
| 3 |
Morgan Stanley
New York
|
-$1.84M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.17M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$978K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
First Manhattan
New York
| – | -$4K | -345 | Closed |
|
|
LF
102
Lee Financial
Dallas,
Texas
| – | -$4K | -264 | Closed |
|
ETG Hedge Fund Activity: Q1 2019 in Review
90 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) for Q1 2019, worth a combined $190M — up 11% from $172M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ETG and 9 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 29 added.
The largest buyer was Shaker Financial Services, adding an estimated $1.84M. The largest seller was Bank of America, cutting an estimated $5.33M.
- 90 institutional investors held Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) as of Q1 2019, down from 95 in Q4 2018.
- Funds reported $190M of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock for Q1 2019, up 11% quarter-over-quarter.
- 9 funds opened new Eaton Vance Tax-Advantaged Global Dividend Income Fund positions in Q1 2019 and 13 closed out, a net change of -4 holders.
- The largest Eaton Vance Tax-Advantaged Global Dividend Income Fund buyer in Q1 2019 was Shaker Financial Services, an estimated $1.84M added.
- The largest Eaton Vance Tax-Advantaged Global Dividend Income Fund seller in Q1 2019 was Bank of America, an estimated $5.33M sold.
Based on aggregated 13F filings for Q1 2019.