Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $5.22 and traded as high as $5.58. Virtus Stone Harbor Emerging Markets Income Fund shares last traded at $5.5640, with a volume of 236,969 shares trading hands.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

The business’s 50-day moving average price is $5.22 and its 200 day moving average price is $5.06.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 28th. Shareholders of record on Thursday, August 13th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 12.9%.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

A number of institutional investors have recently bought and sold shares of the business. Absolute Investment Advisers LLC acquired a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter valued at approximately $1,771,000. Eclectic Associates Inc. ADV acquired a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter valued at approximately $379,000. Quarry LP acquired a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter valued at approximately $336,000. Private Advisor Group LLC acquired a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 1st quarter valued at approximately $190,000. Finally, Arlington Capital Management Inc. acquired a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 3rd quarter valued at approximately $163,000.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) is a closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in fixed-income securities issued by sovereign, quasi-sovereign and corporate issuers in emerging market countries. The fund’s portfolio is diversified across both hard-currency and local-currency debt instruments, with exposure to regions including Asia, Latin America, Eastern Europe, the Middle East and Africa.