Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Shares Pass Above Fifty Day Moving Average – Here’s Why

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.52 and traded as high as $5.73. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.73, with a volume of 569,370 shares traded.

Voya Global Equity Dividend and Premium Opportunity Fund Trading Up 0.4 %

The firm has a fifty day simple moving average of $5.53 and a 200 day simple moving average of $5.52.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a $0.05 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $0.60 dividend on an annualized basis and a yield of 10.48%.

Institutional Investors Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

A number of hedge funds have recently bought and sold shares of IGD. Cetera Investment Advisers increased its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 2.9% in the fourth quarter. Cetera Investment Advisers now owns 72,678 shares of the investment management company’s stock worth $394,000 after purchasing an additional 2,050 shares during the period. Lido Advisors LLC lifted its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 21.1% during the fourth quarter. Lido Advisors LLC now owns 271,631 shares of the investment management company’s stock worth $1,486,000 after buying an additional 47,367 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 8.6% during the fourth quarter. Stifel Financial Corp now owns 195,212 shares of the investment management company’s stock worth $1,058,000 after buying an additional 15,475 shares during the last quarter. Shaker Financial Services LLC boosted its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 87.7% in the fourth quarter. Shaker Financial Services LLC now owns 111,768 shares of the investment management company’s stock valued at $611,000 after acquiring an additional 52,209 shares during the period. Finally, Mariner LLC grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 21.3% in the fourth quarter. Mariner LLC now owns 42,655 shares of the investment management company’s stock worth $231,000 after acquiring an additional 7,480 shares during the last quarter.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

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.