Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) crossed 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.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Performance

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

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 paid a $0.05 dividend. This represents a $0.60 annualized dividend and a yield of 10.98%. The ex-dividend date is Monday, February 3rd.

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

Several hedge funds and other institutional investors have recently bought and sold shares of IGD. Thrivent Financial for Lutherans increased its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 2.8% in the second quarter. Thrivent Financial for Lutherans now owns 371,231 shares of the investment management company’s stock valued at $1,908,000 after purchasing an additional 10,000 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 4.8% in the second quarter. B. Riley Wealth Advisors Inc. now owns 118,690 shares of the investment management company’s stock valued at $610,000 after purchasing an additional 5,404 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Voya Global Equity Dividend and Premium Opportunity Fund in the second quarter valued at $176,000. Capital Investment Advisors LLC increased its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 1.8% in the third quarter. Capital Investment Advisors LLC now owns 2,704,116 shares of the investment management company’s stock valued at $15,251,000 after purchasing an additional 46,672 shares in the last quarter. Finally, Penserra Capital Management LLC bought a new stake in Voya Global Equity Dividend and Premium Opportunity Fund in the third quarter valued at $11,337,000.

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.