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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.64 and traded as high as $5.91. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $5.9050, with a volume of 159,771 shares traded.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Trading Up 0.8%

The stock has a 50-day moving average price of $5.79 and a two-hundred day moving average price of $5.64.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th will be paid a $0.1315 dividend. This represents a $0.53 dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date of this dividend is Thursday, December 11th. This is an increase from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of EOD. Pathstone Holdings LLC lifted its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 82.9% in the third quarter. Pathstone Holdings LLC now owns 1,392,891 shares of the closed-end fund’s stock worth $7,939,000 after purchasing an additional 631,362 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 2,261.9% during the first quarter. Raymond James Financial Inc. now owns 644,333 shares of the closed-end fund’s stock valued at $3,189,000 after buying an additional 617,053 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 18.0% during the first quarter. Advisors Asset Management Inc. now owns 2,142,107 shares of the closed-end fund’s stock worth $10,603,000 after purchasing an additional 327,151 shares in the last quarter. Shaker Financial Services LLC lifted its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 228.9% during the 2nd quarter. Shaker Financial Services LLC now owns 145,159 shares of the closed-end fund’s stock valued at $791,000 after purchasing an additional 101,024 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 13.5% in the third quarter. Invesco Ltd. now owns 789,816 shares of the closed-end fund’s stock worth $4,502,000 after acquiring an additional 93,997 shares in the last quarter.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

The Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) is a closed-end management investment company focused on providing investors with exposure to dividend-paying equities across both developed and emerging markets. Listed on the New York Stock Exchange, the fund seeks to deliver a high level of current income along with the potential for capital appreciation by investing in a diversified portfolio of global stocks.

Advised by Allspring Global Investments, the fund employs a bottom-up research process to identify companies with strong dividend track records, sustainable payout ratios and attractive growth prospects.