Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Shares Up 0.2% – What’s Next?

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) shares were up 0.2% during mid-day trading on Wednesday . The stock traded as high as $10.44 and last traded at $10.36. Approximately 14,274 shares were traded during trading, a decline of 77% from the average daily volume of 61,146 shares. The stock had previously closed at $10.33.

Voya Infrastructure, Industrials and Materials Fund Stock Performance

The firm has a 50 day moving average of $10.43 and a 200-day moving average of $10.80.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a dividend of $0.10 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.20 annualized dividend and a yield of 11.59%.

Hedge Funds Weigh In On Voya Infrastructure, Industrials and Materials Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Voya Infrastructure, Industrials and Materials Fund in the 4th quarter valued at approximately $2,321,000. Wolverine Asset Management LLC bought a new stake in shares of Voya Infrastructure, Industrials and Materials Fund in the 4th quarter valued at approximately $1,144,000. Guggenheim Capital LLC grew its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 66.8% in the 4th quarter. Guggenheim Capital LLC now owns 167,148 shares of the company’s stock valued at $1,697,000 after purchasing an additional 66,936 shares during the period. World Investment Advisors LLC bought a new stake in shares of Voya Infrastructure, Industrials and Materials Fund in the 3rd quarter valued at approximately $698,000. Finally, Shaker Financial Services LLC bought a new stake in shares of Voya Infrastructure, Industrials and Materials Fund in the 4th quarter valued at approximately $445,000.

About Voya Infrastructure, Industrials and Materials Fund

Voya Infrastructure, Industrials and Materials Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the infrastructure, industrials, and materials sectors.