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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.62 and traded as high as $5.89. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $5.82, with a volume of 221,512 shares changing hands.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Trading Down 0.9%

The company has a fifty day moving average of $5.77 and a two-hundred day moving average of $5.62.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th will be paid a $0.1315 dividend. This is an increase from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13. This represents a $0.53 annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Thursday, December 11th.

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

Several hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. raised its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 16.9% in the 3rd quarter. Raymond James Financial Inc. now owns 920,693 shares of the closed-end fund’s stock worth $5,248,000 after purchasing an additional 133,151 shares during the period. Pathstone Holdings LLC boosted its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 82.9% during the third quarter. Pathstone Holdings LLC now owns 1,392,891 shares of the closed-end fund’s stock valued at $7,939,000 after buying an additional 631,362 shares during the period. Vise Technologies Inc. bought a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the third quarter valued at approximately $81,000. Invesco Ltd. grew its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 13.5% during the third quarter. Invesco Ltd. now owns 789,816 shares of the closed-end fund’s stock valued at $4,502,000 after buying an additional 93,997 shares during the last quarter. Finally, Kane Investment Management Inc. raised its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 33.2% in the third quarter. Kane Investment Management Inc. now owns 16,950 shares of the closed-end fund’s stock worth $97,000 after buying an additional 4,225 shares during the period.

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.