Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $5.59 and traded as high as $5.65. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.58, with a volume of 93,693 shares trading hands.

Voya Global Equity Dividend and Premium Opportunity Fund Trading Down 3.0 %

The company has a fifty day moving average of $5.59 and a 200 day moving average of $5.35.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.01%. The ex-dividend date is Friday, November 1st.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of IGD. Advisors Asset Management Inc. grew its position in Voya Global Equity Dividend and Premium Opportunity Fund by 18.6% in the first quarter. Advisors Asset Management Inc. now owns 1,549,415 shares of the investment management company’s stock worth $8,212,000 after buying an additional 242,684 shares during the last quarter. Shaker Financial Services LLC grew its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 2,089.9% in the 2nd quarter. Shaker Financial Services LLC now owns 218,985 shares of the investment management company’s stock worth $1,126,000 after acquiring an additional 208,985 shares during the last quarter. Capital Investment Advisors LLC raised its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 3.2% during the second quarter. Capital Investment Advisors LLC now owns 2,657,444 shares of the investment management company’s stock worth $13,659,000 after purchasing an additional 82,998 shares during the period. Private Advisor Group LLC lifted its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 13.5% during the first quarter. Private Advisor Group LLC now owns 349,831 shares of the investment management company’s stock valued at $1,854,000 after purchasing an additional 41,601 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC boosted its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 23.4% in the 1st quarter. Prevail Innovative Wealth Advisors LLC now owns 191,760 shares of the investment management company’s stock valued at $1,016,000 after purchasing an additional 36,366 shares during the period.

About Voya Global Equity Dividend and Premium Opportunity Fund

Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.