Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Share Price Passes Above 50 Day Moving Average of $7.51

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $7.51 and traded as high as $7.80. Aberdeen Total Dynamic Dividend Fund shares last traded at $7.80, with a volume of 497,821 shares.

Aberdeen Total Dynamic Dividend Fund Trading Up 1.0 %

The business has a 50-day moving average price of $7.51 and a two-hundred day moving average price of $7.91.

Aberdeen Total Dynamic Dividend Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 22nd will be given a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 8.93%. This is a boost from Aberdeen Total Dynamic Dividend Fund’s previous monthly dividend of $0.06. The ex-dividend date of this dividend is Tuesday, November 21st.

Institutional Trading of Aberdeen Total Dynamic Dividend Fund

Large investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. increased its position in Aberdeen Total Dynamic Dividend Fund by 101.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,001 shares of the investment management company’s stock valued at $38,000 after acquiring an additional 2,013 shares during the period. Captrust Financial Advisors acquired a new stake in Aberdeen Total Dynamic Dividend Fund in the 2nd quarter valued at approximately $45,000. CWM LLC increased its position in Aberdeen Total Dynamic Dividend Fund by 36.2% in the 1st quarter. CWM LLC now owns 6,132 shares of the investment management company’s stock valued at $50,000 after acquiring an additional 1,629 shares during the period. IFP Advisors Inc acquired a new stake in Aberdeen Total Dynamic Dividend Fund in the 2nd quarter valued at approximately $50,000. Finally, BDO Wealth Advisors LLC bought a new position in Aberdeen Total Dynamic Dividend Fund during the 1st quarter valued at $57,000.