Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $5.16 and traded as high as $5.49. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.48, with a volume of 108,169 shares traded.

Voya Emerging Markets High Dividend Equity Fund Trading Up 1.2 %

The firm’s 50-day moving average price is $5.16 and its 200 day moving average price is $5.29.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.055 per share. This represents a $0.66 annualized dividend and a dividend yield of 12.05%. The ex-dividend date is Monday, March 3rd.

Institutional Investors Weigh In On Voya Emerging Markets High Dividend Equity Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Arkadios Wealth Advisors boosted its holdings in Voya Emerging Markets High Dividend Equity Fund by 244.6% during the fourth quarter. Arkadios Wealth Advisors now owns 133,618 shares of the investment management company’s stock worth $669,000 after purchasing an additional 94,848 shares during the last quarter. Absolute Investment Advisers LLC purchased a new position in Voya Emerging Markets High Dividend Equity Fund during the fourth quarter worth about $1,282,000. Private Advisor Group LLC boosted its holdings in Voya Emerging Markets High Dividend Equity Fund by 3.8% during the fourth quarter. Private Advisor Group LLC now owns 191,952 shares of the investment management company’s stock worth $962,000 after purchasing an additional 7,038 shares during the last quarter. Wolverine Asset Management LLC purchased a new position in Voya Emerging Markets High Dividend Equity Fund during the fourth quarter worth about $511,000. Finally, Raymond James Financial Inc. purchased a new position in Voya Emerging Markets High Dividend Equity Fund during the fourth quarter worth about $1,071,000.

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.