Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Stock Crosses Below Fifty Day Moving Average – Time to Sell?

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.20 and traded as low as $6.20. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $6.20, with a volume of 80,551 shares traded.

Voya Asia Pacific High Dividend Equity Income Fund Trading Up 0.3 %

The firm’s fifty day moving average is $6.21 and its 200 day moving average is $6.30.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be given a dividend of $0.065 per share. The ex-dividend date is Tuesday, April 1st. This represents a $0.78 dividend on an annualized basis and a yield of 12.50%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. One Capital Management LLC acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter valued at about $61,000. Total Wealth Planning & Management Inc. bought a new position in Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter valued at approximately $81,000. Private Advisor Group LLC lifted its stake in Voya Asia Pacific High Dividend Equity Income Fund by 11.2% in the fourth quarter. Private Advisor Group LLC now owns 159,000 shares of the company’s stock valued at $964,000 after acquiring an additional 16,000 shares during the last quarter. Quarry LP acquired a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at approximately $742,000. Finally, Raymond James Financial Inc. bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter worth approximately $986,000.

About Voya Asia Pacific High Dividend Equity Income Fund

Voya Asia Pacific High Dividend Equity Income 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 the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors.