Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.52 and traded as high as $7.02. Voya Emerging Markets High Dividend Equity Fund shares last traded at $7.0150, with a volume of 118,034 shares changing hands.

Voya Emerging Markets High Dividend Equity Fund Trading Up 1.8%

The stock has a fifty day moving average price of $6.52 and a two-hundred day moving average price of $6.26.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Monday, February 2nd will be issued a $0.055 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 9.4%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC bought a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the third quarter valued at approximately $54,000. Stratos Wealth Partners LTD. acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the 3rd quarter valued at $77,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter valued at $144,000. TrueMark Investments LLC bought a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the 3rd quarter valued at $209,000. Finally, Uhlmann Price Securities LLC grew its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 13.9% during the 3rd quarter. Uhlmann Price Securities LLC now owns 33,979 shares of the investment management company’s stock worth $213,000 after purchasing an additional 4,140 shares in the last quarter.

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.