Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Stock Passes Above 200-Day Moving Average of $4.74

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.74 and traded as high as $4.96. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $4.94, with a volume of 55,705 shares traded.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Price Performance

The company has a 50-day moving average of $4.87 and a 200 day moving average of $4.74.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th will be given a dividend of $0.1157 per share. This represents a $0.46 annualized dividend and a dividend yield of 9.37%. The ex-dividend date of this dividend is Friday, September 13th. This is a positive change from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.11.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Principal Securities Inc. purchased a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the fourth quarter valued at approximately $286,000. Shaker Financial Services LLC raised its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 56.4% in the fourth quarter. Shaker Financial Services LLC now owns 694,844 shares of the closed-end fund’s stock worth $3,087,000 after buying an additional 250,500 shares in the last quarter. Matisse Capital bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the fourth quarter worth approximately $90,000. 1607 Capital Partners LLC bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the fourth quarter worth approximately $307,000. Finally, Quantedge Capital Pte Ltd bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the fourth quarter worth approximately $147,000.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Company Profile

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe.