Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Stock Price Passes Above 50 Day Moving Average of $5.44

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.44 and traded as high as $5.60. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.52, with a volume of 219,316 shares traded.

Voya Global Equity Dividend and Premium Opportunity Fund Price Performance

The company’s fifty day simple moving average is $5.44 and its 200 day simple moving average is $5.25.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, September 16th. Stockholders of record on Tuesday, September 3rd will be given a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, September 4th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.87%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Karpus Management Inc. grew its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 32.1% during the 4th quarter. Karpus Management Inc. now owns 2,978,311 shares of the investment management company’s stock worth $14,802,000 after purchasing an additional 723,418 shares in the last quarter. Cornerstone Advisors LLC grew its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 125.2% during the fourth quarter. Cornerstone Advisors LLC now owns 495,296 shares of the investment management company’s stock worth $2,462,000 after buying an additional 275,372 shares in the last quarter. Advisors Asset Management Inc. raised its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 18.6% in the 1st quarter. Advisors Asset Management Inc. now owns 1,549,415 shares of the investment management company’s stock valued at $8,212,000 after buying an additional 242,684 shares in the last quarter. Shaker Financial Services LLC lifted its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 2,089.9% during the 2nd quarter. Shaker Financial Services LLC now owns 218,985 shares of the investment management company’s stock worth $1,126,000 after acquiring an additional 208,985 shares during the period. Finally, Capital Investment Advisors LLC boosted its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 3.2% during the 2nd quarter. Capital Investment Advisors LLC now owns 2,657,444 shares of the investment management company’s stock worth $13,659,000 after acquiring an additional 82,998 shares in the last quarter.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

Voya Global Equity Dividend 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 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.