Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Shares of Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.38 and traded as low as $5.15. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.16, with a volume of 71,096 shares trading hands.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

The stock has a 50-day moving average price of $5.45 and a 200-day moving average price of $5.38.

Voya Emerging Markets High Dividend Equity 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 given a dividend of $0.055 per share. This represents a $0.66 annualized dividend and a dividend yield of 12.92%. The ex-dividend date of this dividend is Friday, November 1st.

Institutional Trading of Voya Emerging Markets High Dividend Equity Fund

A number of institutional investors have recently bought and sold shares of the company. Blue Bell Private Wealth Management LLC increased its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 54.7% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 14,588 shares of the investment management company’s stock valued at $78,000 after acquiring an additional 5,156 shares in the last quarter. Asset Dedication LLC acquired a new stake in Voya Emerging Markets High Dividend Equity Fund in the second quarter worth $190,000. City of London Investment Management Co. Ltd. grew its holdings in Voya Emerging Markets High Dividend Equity Fund by 2.6% in the first quarter. City of London Investment Management Co. Ltd. now owns 3,756,340 shares of the investment management company’s stock worth $19,796,000 after purchasing an additional 93,460 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in Voya Emerging Markets High Dividend Equity Fund by 21.7% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,065,701 shares of the investment management company’s stock valued at $11,113,000 after purchasing an additional 367,957 shares in the last quarter.

Voya Emerging Markets High Dividend Equity Fund Company Profile

Voya Emerging Markets High Dividend Equity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by ING Investment Management Advisors B.V. and Voya Investments, LLC. It invests in public equity markets of emerging market countries across the globe.