Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE)’s share price passed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $8.60 and traded as low as $6.98. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $7.1240, with a volume of 150,926 shares changing hands.

Voya Asia Pacific High Dividend Equity Income Fund Trading Up 1.6%

The company’s 50-day simple moving average is $8.54 and its 200-day simple moving average is $8.50.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The company also recently announced a special dividend, which was paid on Tuesday, October 13th. Stockholders of record on Friday, October 9th were given a $1.66 dividend. The ex-dividend date of this dividend was Friday, October 9th.

Institutional Investors Weigh In On Voya Asia Pacific High Dividend Equity Income Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp acquired a new position in Voya Asia Pacific High Dividend Equity Income Fund in the first quarter valued at about $219,000. Bulldog Investors LLP lifted its position in Voya Asia Pacific High Dividend Equity Income Fund by 3.8% during the first quarter. Bulldog Investors LLP now owns 441,260 shares of the company’s stock worth $3,252,000 after purchasing an additional 16,352 shares during the period. Cetera Investment Advisers grew its stake in Voya Asia Pacific High Dividend Equity Income Fund by 36.2% during the first quarter. Cetera Investment Advisers now owns 18,814 shares of the company’s stock worth $139,000 after buying an additional 5,000 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in Voya Asia Pacific High Dividend Equity Income Fund by 1.6% during the first quarter. Private Advisor Group LLC now owns 117,375 shares of the company’s stock worth $865,000 after buying an additional 1,875 shares in the last quarter.

Voya Asia Pacific High Dividend Equity Income Fund Company Profile

Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) is a closed-end investment fund managed by Voya Investment Management. The fund seeks to provide a high level of current income and long-term capital appreciation by investing primarily in dividend-paying equity securities issued by companies located in the Asia-Pacific region.

The fund’s portfolio may include companies from markets such as Australia, China, Hong Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand.