Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Shares Pass Below Fifty Day Moving Average – What’s Next?

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $5.46 and traded as low as $5.40. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.42, with a volume of 254,135 shares.

Voya Global Equity Dividend and Premium Opportunity Fund Trading Down 0.1 %

The company has a 50-day moving average price of $5.46 and a 200-day moving average price of $5.52.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be issued a $0.05 dividend. The ex-dividend date is Monday, February 3rd. This represents a $0.60 annualized dividend and a dividend yield of 11.08%.

Institutional Trading of Voya Global Equity Dividend and Premium Opportunity Fund

A number of hedge funds have recently modified their holdings of IGD. Concurrent Investment Advisors LLC purchased a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter worth $55,000. PFG Investments LLC bought a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter valued at about $60,000. GWN Securities Inc. bought a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter valued at about $72,000. Client 1ST Advisory Group LLC acquired a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter valued at about $89,000. Finally, Independent Advisor Alliance acquired a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter valued at about $105,000.

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.