Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Shares Pass Above Fifty Day Moving Average – What’s Next?

Shares of Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $6.06 and traded as high as $6.30. Voya Emerging Markets High Dividend Equity Fund shares last traded at $6.19, with a volume of 68,718 shares.

Voya Emerging Markets High Dividend Equity Fund Stock Up 1.7%

The company has a 50 day simple moving average of $6.06 and a two-hundred day simple moving average of $5.71.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 1st will be given a dividend of $0.055 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date is Wednesday, October 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Blue Bell Private Wealth Management LLC boosted its position in shares of Voya Emerging Markets High Dividend Equity Fund by 41.3% during 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 acquiring an additional 5,988 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter valued at approximately $144,000. HB Wealth Management LLC bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter valued at approximately $157,000. Total Wealth Planning & Management Inc. boosted its position in shares of Voya Emerging Markets High Dividend Equity Fund by 239.1% during the 1st quarter. Total Wealth Planning & Management Inc. now owns 54,528 shares of the investment management company’s stock valued at $291,000 after acquiring an additional 38,446 shares during the last quarter. Finally, Shaker Financial Services LLC raised its holdings in Voya Emerging Markets High Dividend Equity Fund by 71.1% during the 2nd quarter. Shaker Financial Services LLC now owns 80,607 shares of the investment management company’s stock valued at $479,000 after buying an additional 33,493 shares during the period.

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.