Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.35 and traded as low as $5.18. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.24, with a volume of 66,871 shares.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

The stock has a 50-day simple moving average of $5.27 and a 200-day simple moving average of $5.35.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, January 15th. Investors of record on Monday, December 30th will be issued a $0.055 dividend. The ex-dividend date is Monday, December 30th. This represents a $0.66 annualized dividend and a yield of 12.69%.

Hedge Funds Weigh In On Voya Emerging Markets High Dividend Equity Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Blue Bell Private Wealth Management LLC raised its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 54.7% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 14,588 shares of the investment management company’s stock valued at $78,000 after buying an additional 5,156 shares during the period. Asset Dedication LLC purchased a new position in Voya Emerging Markets High Dividend Equity Fund in the 2nd quarter valued at about $190,000. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 21.7% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,065,701 shares of the investment management company’s stock valued at $11,113,000 after acquiring an additional 367,957 shares in the last quarter.

About Voya Emerging Markets High Dividend Equity Fund

Voya Emerging Markets High Dividend Equity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by ING Investment Management Advisors B.V. and Voya Investments, LLC. It invests in public equity markets of emerging market countries across the globe.