Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Shares Pass Below Fifty Day Moving Average – What’s Next?

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $5.46 and traded as low as $5.40. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.42, with a volume of 254,135 shares traded.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Performance

The stock has a 50-day moving average price of $5.46 and a 200-day moving average price of $5.52.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be issued a $0.05 dividend. This represents a $0.60 annualized dividend and a yield of 11.08%. The ex-dividend date of this dividend is Monday, February 3rd.

Hedge Funds Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

Institutional investors have recently made changes to their positions in the stock. Concurrent Investment Advisors LLC bought a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter valued at approximately $55,000. PFG Investments LLC bought a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter valued at approximately $60,000. GWN Securities Inc. bought a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter valued at approximately $72,000. Client 1ST Advisory Group LLC bought a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter valued at approximately $89,000. Finally, Independent Advisor Alliance acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter worth approximately $105,000.

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.