Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA) Stock Price Up 0.5% – What’s Next?

Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA)’s stock price shot up 0.5% during trading on Thursday . The stock traded as high as $10.26 and last traded at $10.20. Approximately 83,889 shares were traded during mid-day trading, an increase of 46% from the average session volume of 57,310 shares. The stock had previously closed at $10.15.

Voya Global Advantage and Premium Opportunity Fund Trading Up 1.0%

The business’s 50-day moving average price is $9.89 and its 200 day moving average price is $9.79.

Voya Global Advantage and Premium Opportunity Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be paid a dividend of $0.085 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a c) annualized dividend and a yield of 9.9%.

Hedge Funds Weigh In On Voya Global Advantage and Premium Opportunity Fund

A number of institutional investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers grew its stake in Voya Global Advantage and Premium Opportunity Fund by 35.0% in the 4th quarter. Cetera Investment Advisers now owns 51,646 shares of the company’s stock worth $502,000 after buying an additional 13,385 shares in the last quarter. Kovack Advisors Inc. increased its stake in Voya Global Advantage and Premium Opportunity Fund by 48.1% in the fourth quarter. Kovack Advisors Inc. now owns 71,006 shares of the company’s stock valued at $690,000 after acquiring an additional 23,052 shares during the last quarter. Osaic Holdings Inc. lifted its stake in Voya Global Advantage and Premium Opportunity Fund by 7.8% during the fourth quarter. Osaic Holdings Inc. now owns 101,063 shares of the company’s stock worth $982,000 after purchasing an additional 7,271 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Voya Global Advantage and Premium Opportunity Fund by 479.4% in the 3rd quarter. Bank of America Corp DE now owns 13,783 shares of the company’s stock worth $137,000 after purchasing an additional 11,404 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Voya Global Advantage and Premium Opportunity Fund by 8.2% in the 1st quarter. Royal Bank of Canada now owns 97,163 shares of the company’s stock worth $929,000 after purchasing an additional 7,384 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.