Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.45 and traded as low as $6.41. Voya Emerging Markets High Dividend Equity Fund shares last traded at $6.47, with a volume of 62,469 shares changing hands.

Voya Emerging Markets High Dividend Equity Fund Trading Down 0.5%

The stock has a 50-day moving average price of $6.81 and a 200-day moving average price of $6.45.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be given a dividend of $0.055 per share. The ex-dividend date is Wednesday, April 1st. This represents a c) annualized dividend and a yield of 10.2%.

Institutional Trading of Voya Emerging Markets High Dividend Equity Fund

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Invesco Ltd. bought a new position in Voya Emerging Markets High Dividend Equity Fund in the fourth quarter valued at $321,000. Cetera Investment Advisers raised its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 17.6% during the 4th quarter. Cetera Investment Advisers now owns 12,147 shares of the investment management company’s stock valued at $76,000 after buying an additional 1,818 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 3.0% during the 4th quarter. Osaic Holdings Inc. now owns 155,597 shares of the investment management company’s stock valued at $976,000 after buying an additional 4,499 shares in the last quarter. &PARTNERS bought a new stake in Voya Emerging Markets High Dividend Equity Fund in the 4th quarter worth approximately $356,000. Finally, Parkside Financial Bank & Trust bought a new stake in Voya Emerging Markets High Dividend Equity Fund in the 4th quarter worth approximately $38,000.

Voya Emerging Markets High Dividend Equity Fund Company Profile

Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD) is a closed-end investment company that seeks to provide high current income and long-term capital appreciation by investing primarily in equity securities of companies domiciled or with significant business activities in emerging market countries. The fund emphasizes dividend-paying stocks across a range of industries, including financials, consumer staples, industrials and energy, with the goal of generating above-average yield relative to broader emerging market equity indices.

Launched in the mid-2000s under the ING Investment Management brand, the fund became part of Voya Investment Management’s portfolio offerings following Voya Financial’s acquisition of ING’s U.S.