Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $5.18 and traded as high as $5.56. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.56, with a volume of 267,170 shares.

Voya Emerging Markets High Dividend Equity Fund Price Performance

The company’s fifty day moving average is $5.18 and its 200 day moving average is $5.19.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be given a $0.055 dividend. This represents a $0.66 annualized dividend and a dividend yield of 11.87%. The ex-dividend date of this dividend is Monday, June 2nd.

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

Hedge funds have recently made changes to their positions in the business. Blue Bell Private Wealth Management LLC increased its holdings in Voya Emerging Markets High Dividend Equity Fund by 41.3% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 20,471 shares of the investment management company’s stock valued at $109,000 after purchasing an additional 5,988 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 3.8% during the fourth quarter. Private Advisor Group LLC now owns 191,952 shares of the investment management company’s stock worth $962,000 after purchasing an additional 7,038 shares in the last quarter. One Capital Management LLC purchased a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the fourth quarter worth about $53,000. Cary Street Partners Financial LLC acquired a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the fourth quarter valued at about $55,000. Finally, Total Wealth Planning & Management Inc. acquired a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the fourth quarter valued at about $81,000.

Voya Emerging Markets High Dividend Equity Fund Company Profile

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.