Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Shares Pass Above Fifty Day Moving Average – Here’s Why

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.52 and traded as high as $5.73. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.73, with a volume of 569,370 shares trading hands.

Voya Global Equity Dividend and Premium Opportunity Fund Price Performance

The business has a 50 day moving average of $5.53 and a 200 day moving average of $5.52.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.48%. The ex-dividend date is Tuesday, April 1st.

Hedge Funds Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Concurrent Investment Advisors LLC acquired a new position in Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter worth about $55,000. 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. GWN Securities Inc. acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter worth approximately $72,000. Client 1ST Advisory Group LLC bought a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the 4th quarter worth approximately $89,000. Finally, Independent Advisor Alliance acquired a new stake in Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter valued at $105,000.

About Voya Global Equity Dividend and Premium Opportunity Fund

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.