Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Share Price Crosses Below 50-Day Moving Average of $5.25

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $5.25 and traded as low as $5.21. Virtus Stone Harbor Emerging Markets Income Fund shares last traded at $5.22, with a volume of 88,965 shares.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

The business has a fifty day simple moving average of $5.25 and a 200 day simple moving average of $5.29.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be issued a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a yield of 13.93%. The ex-dividend date of this dividend is Tuesday, November 12th.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. 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 valued at $294,000 after acquiring an additional 2,901 shares in the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 77.8% in the first quarter. J.W. Cole Advisors Inc. now owns 21,665 shares of the company’s stock valued at $117,000 after acquiring an additional 9,483 shares in the last quarter. M3 Advisory Group LLC bought a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund in the fourth quarter valued at approximately $61,000. Wedbush Securities Inc. grew 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 valued at $1,171,000 after acquiring an additional 17,977 shares in 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 valued at $197,000 after acquiring an additional 24,757 shares in 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.