Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA) Shares Up 1.2% – What’s Next?

Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA) rose 1.2% on Friday . The company traded as high as $9.98 and last traded at $9.95. Approximately 92,837 shares were traded during mid-day trading, an increase of 32% from the average daily volume of 70,517 shares. The stock had previously closed at $9.83.

Voya Global Advantage and Premium Opportunity Fund Stock Performance

The business’s 50 day moving average price is $9.80 and its 200-day moving average price is $9.79.

Voya Global Advantage and Premium Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Monday, February 2nd will be issued a $0.085 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 10.3%.

Institutional Trading of Voya Global Advantage and Premium Opportunity Fund

Several large investors have recently modified their holdings of the business. Camelot Portfolios LLC purchased a new stake in shares of Voya Global Advantage and Premium Opportunity Fund during the fourth quarter worth about $47,000. Advisory Services Network LLC acquired a new stake in Voya Global Advantage and Premium Opportunity Fund during the 3rd quarter valued at approximately $34,000. Bank of America Corp DE grew its stake in Voya Global Advantage and Premium Opportunity Fund by 479.4% during the 3rd quarter. Bank of America Corp DE now owns 13,783 shares of the company’s stock valued at $137,000 after purchasing an additional 11,404 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Voya Global Advantage and Premium Opportunity Fund by 44.6% during the 3rd quarter. Raymond James Financial Inc. now owns 341,793 shares of the company’s stock worth $3,391,000 after purchasing an additional 105,359 shares during the last quarter. Finally, Osaic Holdings Inc. raised its position in shares of Voya Global Advantage and Premium Opportunity Fund by 118.0% in the 2nd quarter. Osaic Holdings Inc. now owns 90,404 shares of the company’s stock valued at $898,000 after purchasing an additional 48,934 shares in the last quarter.

Voya Global Advantage and Premium Opportunity Fund Company Profile

Voya Global Advantage 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, Voya Investment Management Co 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. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds.