Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.49 and traded as low as $5.45. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.47, with a volume of 127,468 shares traded.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Up 0.7 %

The firm’s 50 day moving average price is $5.49 and its two-hundred day moving average price is $5.51.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be given a $0.05 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 10.85%.

Institutional Investors Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. PFG Investments LLC bought a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter valued at approximately $60,000. Client 1ST Advisory Group LLC acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter worth approximately $89,000. Park Avenue Securities LLC raised its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 3.6% during the fourth quarter. Park Avenue Securities LLC now owns 204,752 shares of the investment management company’s stock valued at $1,110,000 after purchasing an additional 7,183 shares in the last quarter. World Investment Advisors LLC acquired a new stake in Voya Global Equity Dividend and Premium Opportunity Fund in the third quarter worth about $601,000. Finally, Penserra Capital Management LLC acquired a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the 3rd quarter worth approximately $11,337,000.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.