Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Stock Passes Above Fifty Day Moving Average of $5.66

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.66 and traded as high as $5.72. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $5.70, with a volume of 38,951 shares.

Voya Asia Pacific High Dividend Equity Income Fund Stock Up 2.3 %

The company’s fifty day moving average is $5.66 and its 200 day moving average is $5.95.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Tuesday, October 3rd were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 11.23%. The ex-dividend date was Monday, October 2nd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of IAE. Northwestern Mutual Wealth Management Co. bought a new position in Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter worth approximately $31,000. NBC Securities Inc. purchased a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the 3rd quarter worth approximately $37,000. Susquehanna International Group LLP purchased a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter worth approximately $67,000. Wolverine Asset Management LLC lifted its stake in Voya Asia Pacific High Dividend Equity Income Fund by 252.9% in the 3rd quarter. Wolverine Asset Management LLC now owns 13,229 shares of the company’s stock worth $77,000 after purchasing an additional 9,480 shares in the last quarter. Finally, RPO LLC purchased a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the 3rd quarter worth approximately $273,000.

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.