Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Trading Up 0.2% – What’s Next?

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) shot up 0.2% on Wednesday . The stock traded as high as $10.44 and last traded at $10.36. 14,274 shares traded hands during trading, a decline of 77% from the average session volume of 61,146 shares. The stock had previously closed at $10.33.

Voya Infrastructure, Industrials and Materials Fund Stock Performance

The firm has a 50-day moving average of $10.43 and a two-hundred day moving average of $10.80.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.20 annualized dividend and a dividend yield of 11.59%.

Hedge Funds Weigh In On Voya Infrastructure, Industrials and Materials Fund

Several large investors have recently made changes to their positions in the business. Kovack Advisors Inc. lifted its position in shares of Voya Infrastructure, Industrials and Materials Fund by 14.7% during the 3rd quarter. Kovack Advisors Inc. now owns 12,205 shares of the company’s stock worth $139,000 after purchasing an additional 1,561 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Voya Infrastructure, Industrials and Materials Fund by 2.1% during the 4th quarter. Wells Fargo & Company MN now owns 96,976 shares of the company’s stock worth $984,000 after purchasing an additional 1,964 shares during the last quarter. Walleye Capital LLC acquired a new position in shares of Voya Infrastructure, Industrials and Materials Fund during the 4th quarter worth about $102,000. Garden State Investment Advisory Services LLC bought a new position in Voya Infrastructure, Industrials and Materials Fund during the fourth quarter valued at about $107,000. Finally, Oppenheimer & Co. Inc. increased its stake in Voya Infrastructure, Industrials and Materials Fund by 38.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 46,096 shares of the company’s stock valued at $468,000 after acquiring an additional 12,774 shares during the period.

About Voya Infrastructure, Industrials and Materials Fund

Voya Infrastructure, Industrials and Materials Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the infrastructure, industrials, and materials sectors.