Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Stock Jumps 1.6% – Here’s What Happened

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) shares traded up 1.6% during trading on Tuesday. The company traded as high as $7.50 and last traded at $7.1240. 150,926 shares changed hands during trading, an increase of 139% from the average session volume of 63,158 shares. The stock had previously closed at $7.01.

Voya Asia Pacific High Dividend Equity Income Fund Trading Up 1.6%

The stock has a fifty day moving average of $8.05 and a 200 day moving average of $8.22.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The business also recently disclosed a special dividend, which was paid on Tuesday, October 13th. Shareholders of record on Friday, October 9th were given a $1.66 dividend. The ex-dividend date of this dividend was Friday, October 9th.

Hedge Funds Weigh In On Voya Asia Pacific High Dividend Equity Income Fund

Institutional investors have recently bought and sold shares of the company. Bulldog Investors LLP boosted its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 3.8% in the 1st quarter. Bulldog Investors LLP now owns 441,260 shares of the company’s stock worth $3,252,000 after buying an additional 16,352 shares during the period. Private Advisor Group LLC lifted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 1.6% during the first quarter. Private Advisor Group LLC now owns 117,375 shares of the company’s stock worth $865,000 after acquiring an additional 1,875 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the first quarter worth $219,000. Cetera Investment Advisers boosted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 36.2% in the first quarter. Cetera Investment Advisers now owns 18,814 shares of the company’s stock worth $139,000 after acquiring an additional 5,000 shares during the period. Finally, Beverly Hills Private Wealth LLC bought a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the third quarter worth $94,000.

About Voya Asia Pacific High Dividend Equity Income Fund

Voya Asia Pacific High Dividend Equity Income Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol IAE. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing primarily in dividend-paying equity securities. The fund focuses on companies located in the Asia-Pacific region, including developed and emerging markets such as Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand.