Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Stock Price Passes Above 200 Day Moving Average – Here’s Why

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.00 and traded as high as $5.35. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $5.34, with a volume of 78,951 shares trading hands.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Performance

The business has a 50 day moving average of $5.00 and a two-hundred day moving average of $5.00.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Thursday, June 12th will be given a dividend of $0.1264 per share. The ex-dividend date of this dividend is Thursday, June 12th. This is an increase from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.12. This represents a $0.51 dividend on an annualized basis and a dividend yield of 9.47%.

Hedge Funds Weigh In On Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

Hedge funds have recently modified their holdings of the stock. Advisors Asset Management Inc. increased its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 18.0% in the first quarter. Advisors Asset Management Inc. now owns 2,142,107 shares of the closed-end fund’s stock valued at $10,603,000 after purchasing an additional 327,151 shares during the period. Saba Capital Management L.P. boosted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 0.8% in the fourth quarter. Saba Capital Management L.P. now owns 1,886,968 shares of the closed-end fund’s stock valued at $9,378,000 after buying an additional 15,415 shares during the last quarter. Bank of America Corp DE increased its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% in the 4th quarter. Bank of America Corp DE now owns 854,475 shares of the closed-end fund’s stock worth $4,247,000 after buying an additional 54,639 shares during the period. Invesco Ltd. increased its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 2.4% in the 4th quarter. Invesco Ltd. now owns 669,283 shares of the closed-end fund’s stock worth $3,326,000 after buying an additional 15,455 shares during the period. Finally, Raymond James Financial Inc. raised its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 2,261.9% during the 1st quarter. Raymond James Financial Inc. now owns 644,333 shares of the closed-end fund’s stock worth $3,189,000 after buying an additional 617,053 shares during the last quarter.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Company Profile

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe.