Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA) Shares Up 0.5% – Here’s Why

Shares of Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA) shot up 0.5% on Thursday . The company traded as high as $10.26 and last traded at $10.20. 83,889 shares were traded during mid-day trading, an increase of 46% from the average session volume of 57,310 shares. The stock had previously closed at $10.15.

Voya Global Advantage and Premium Opportunity Fund Stock Up 0.5%

The business has a fifty day moving average of $9.89 and a 200 day moving average of $9.79.

Voya Global Advantage and Premium Opportunity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be paid a $0.085 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%.

Institutional Investors Weigh In On Voya Global Advantage and Premium Opportunity Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Guggenheim Capital LLC increased its stake in Voya Global Advantage and Premium Opportunity Fund by 31.8% in the 4th quarter. Guggenheim Capital LLC now owns 664,084 shares of the company’s stock valued at $6,455,000 after buying an additional 160,302 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Voya Global Advantage and Premium Opportunity Fund by 44.6% in the 3rd quarter. Raymond James Financial Inc. now owns 341,793 shares of the company’s stock valued at $3,391,000 after buying an additional 105,359 shares during the last quarter. Invesco Ltd. grew its stake in shares of Voya Global Advantage and Premium Opportunity Fund by 2.6% in the fourth quarter. Invesco Ltd. now owns 287,018 shares of the company’s stock valued at $2,790,000 after buying an additional 7,157 shares in the last quarter. LPL Financial LLC grew its stake in shares of Voya Global Advantage and Premium Opportunity Fund by 11.3% in the fourth quarter. LPL Financial LLC now owns 183,451 shares of the company’s stock valued at $1,783,000 after buying an additional 18,639 shares in the last quarter. Finally, Shaker Financial Services LLC increased its holdings in Voya Global Advantage and Premium Opportunity Fund by 483.5% during the fourth quarter. Shaker Financial Services LLC now owns 142,531 shares of the company’s stock worth $1,398,000 after buying an additional 118,103 shares during the last quarter.

About Voya Global Advantage and Premium Opportunity Fund

Voya Global Advantage 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, Voya Investment Management Co 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. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds.