Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Shares Pass Above Fifty Day Moving Average of $5.14

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $5.14 and traded as high as $5.24. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.24, with a volume of 271,740 shares changing hands.

Voya Global Equity Dividend and Premium Opportunity Fund Trading Up 0.6 %

The company has a fifty day moving average price of $5.14 and a 200 day moving average price of $5.01.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Thursday, May 2nd will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, May 1st. This represents a $0.60 annualized dividend and a dividend yield of 11.45%.

Institutional Investors Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

Several hedge funds and other institutional investors have recently modified their holdings of IGD. AE Wealth Management LLC bought a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the third quarter valued at approximately $51,000. Commonwealth Equity Services LLC boosted its position in Voya Global Equity Dividend and Premium Opportunity Fund by 55.9% in the third quarter. Commonwealth Equity Services LLC now owns 57,286 shares of the investment management company’s stock worth $281,000 after purchasing an additional 20,535 shares during the last quarter. Dakota Wealth Management boosted its position in Voya Global Equity Dividend and Premium Opportunity Fund by 6.2% in the third quarter. Dakota Wealth Management now owns 37,445 shares of the investment management company’s stock worth $183,000 after purchasing an additional 2,170 shares during the last quarter. Advisor Partners II LLC purchased a new position in Voya Global Equity Dividend and Premium Opportunity Fund in the third quarter worth $290,000. Finally, Shaker Financial Services LLC boosted its position in Voya Global Equity Dividend and Premium Opportunity Fund by 183.0% in the third quarter. Shaker Financial Services LLC now owns 76,865 shares of the investment management company’s stock worth $377,000 after purchasing an additional 49,703 shares during 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.