Gold prices steady ahead of Fed decision; weekly weakness noted
Derek DiGregorio, a portfolio manager at Eaton (NYSE:ETN) Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG), recently acquired 1,000 common shares of the fund, according to a filing with the Securities and Exchange Commission. The shares were purchased at $19.07 each, totaling approximately $19,066. The fund, with a market capitalization of $1.45 billion, currently trades near its 52-week high of $19.56 and offers an attractive dividend yield of 8.2%. Following this transaction, DiGregorio holds 1,000 shares directly. Additionally, there are 4,313 shares held indirectly by his spouse. InvestingPro analysis reveals the fund has maintained dividend payments for 22 consecutive years and trades at a P/E ratio of 3.68. For more detailed insights and additional ProTips about ETG’s performance, check out InvestingPro.
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