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

Shares of Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $5.89 and traded as low as $5.75. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.83, with a volume of 264,634 shares traded.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Up 0.1%

The company’s 50 day moving average price is $5.89 and its 200 day moving average price is $5.73.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 1st will be paid a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 10.3%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Catalina Capital Group LLC purchased a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the second quarter valued at approximately $66,000. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the second quarter valued at approximately $34,000. Pinnacle Bancorp Inc. purchased a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the second quarter valued at approximately $32,000. Walleye Capital LLC purchased a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the first quarter valued at approximately $187,000. Finally, Invesco Ltd. boosted its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 0.9% in the first quarter. Invesco Ltd. now owns 1,151,810 shares of the investment management company’s stock valued at $6,646,000 after purchasing an additional 9,968 shares during the period.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

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.