Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Share Price Crosses Above Fifty Day Moving Average of $5.25

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $5.25 and traded as high as $5.30. Virtus Stone Harbor Emerging Markets Income Fund shares last traded at $5.28, with a volume of 113,021 shares.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

The firm’s fifty day simple moving average is $5.25 and its 200 day simple moving average is $5.25.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, September 26th. Stockholders of record on Friday, September 13th will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 13.64%.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wedbush Securities Inc. lifted its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 8.8% in the second quarter. Wedbush Securities Inc. now owns 222,180 shares of the company’s stock worth $1,171,000 after buying an additional 17,977 shares in the last quarter. Shaker Financial Services LLC bought a new position in Virtus Stone Harbor Emerging Markets Income Fund during the fourth quarter valued at approximately $322,000. J.W. Cole Advisors Inc. grew its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 223.4% in the second quarter. J.W. Cole Advisors Inc. now owns 70,073 shares of the company’s stock worth $369,000 after purchasing an additional 48,408 shares during the last quarter. Arlington Capital Management Inc. grew its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 5.6% in the first quarter. Arlington Capital Management Inc. now owns 54,295 shares of the company’s stock worth $294,000 after purchasing an additional 2,901 shares during the last quarter. Finally, Advisory Services Network LLC grew its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 118.5% in the fourth quarter. Advisory Services Network LLC now owns 45,645 shares of the company’s stock worth $197,000 after purchasing an additional 24,757 shares during the last quarter.

About Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.