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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.31 and traded as high as $5.77. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $5.74, with a volume of 153,801 shares changing hands.

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

The business has a 50-day moving average of $5.66 and a 200-day moving average of $5.31.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Friday, September 12th were given a dividend of $0.1267 per share. This represents a $0.51 annualized dividend and a yield of 8.8%. The ex-dividend date was Friday, September 12th. This is a positive change from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. J.W. Cole Advisors Inc. acquired a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 2nd quarter valued at $58,000. Captrust Financial Advisors increased its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 22.8% during the second quarter. Captrust Financial Advisors now owns 12,275 shares of the closed-end fund’s stock valued at $66,000 after acquiring an additional 2,275 shares during the period. Dakota Wealth Management grew its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 28.0% in the first quarter. Dakota Wealth Management now owns 13,720 shares of the closed-end fund’s stock worth $68,000 after buying an additional 3,000 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 2nd quarter worth approximately $74,000. Finally, New England Private Wealth Advisors LLC purchased a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 2nd quarter valued at $74,000.

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.