Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.27 and traded as high as $5.37. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.35, with a volume of 35,872 shares trading hands.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

The business’s fifty day moving average price is $5.28 and its 200-day moving average price is $5.29.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.055 per share. The ex-dividend date is Tuesday, April 1st. This represents a $0.66 annualized dividend and a dividend yield of 12.28%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. One Capital Management LLC bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the 4th quarter worth approximately $53,000. Cary Street Partners Financial LLC bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the fourth quarter worth approximately $55,000. Total Wealth Planning & Management Inc. purchased a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the fourth quarter worth $81,000. Logan Stone Capital LLC purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter valued at $93,000. Finally, Comprehensive Money Management Services LLC purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter valued at $122,000.

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.