Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $6.20 and traded as low as $6.20. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $6.20, with a volume of 80,551 shares traded.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

The stock’s 50-day simple moving average is $6.20 and its 200-day simple moving average is $6.30.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a $0.065 dividend. This represents a $0.78 annualized dividend and a dividend yield of 12.58%. The ex-dividend date of this dividend is Tuesday, April 1st.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Hedge funds have recently bought and sold shares of the business. Absolute Investment Advisers LLC bought a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter worth $1,278,000. Wolverine Asset Management LLC bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter worth about $1,154,000. Raymond James Financial Inc. purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at about $986,000. Quarry LP bought a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter valued at approximately $742,000. Finally, Private Advisor Group LLC increased its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 11.2% during the 4th quarter. Private Advisor Group LLC now owns 159,000 shares of the company’s stock worth $964,000 after purchasing an additional 16,000 shares during the last quarter.

About Voya Asia Pacific High Dividend Equity Income Fund

Voya Asia Pacific High Dividend Equity Income 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 the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors.