Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Shares Pass Below 50 Day Moving Average of $5.46

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $5.46 and traded as low as $5.27. Virtus Stone Harbor Emerging Markets Income Fund shares last traded at $5.27, with a volume of 41,883 shares traded.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

The stock’s 50 day simple moving average is $5.46 and its two-hundred day simple moving average is $4.98.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 30th. Stockholders of record on Thursday, July 11th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, July 11th. This represents a $0.72 annualized dividend and a dividend yield of 13.66%.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

Several large investors have recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. grew its stake in Virtus Stone Harbor Emerging Markets Income Fund by 7.1% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 34,807 shares of the company’s stock worth $150,000 after purchasing an additional 2,307 shares in the last quarter. Arlington Capital Management Inc. grew its stake in Virtus Stone Harbor Emerging Markets Income Fund by 5.6% in the first quarter. Arlington Capital Management Inc. now owns 54,295 shares of the company’s stock worth $294,000 after purchasing an additional 2,901 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in Virtus Stone Harbor Emerging Markets Income Fund by 3.6% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 131,277 shares of the company’s stock worth $580,000 after purchasing an additional 4,598 shares in the last quarter. J.W. Cole Advisors Inc. grew its stake in Virtus Stone Harbor Emerging Markets Income Fund by 77.8% in the first quarter. J.W. Cole Advisors Inc. now owns 21,665 shares of the company’s stock worth $117,000 after purchasing an additional 9,483 shares in the last quarter. Finally, SFI Advisors LLC grew its stake in Virtus Stone Harbor Emerging Markets Income Fund by 39.1% in the fourth quarter. SFI Advisors LLC now owns 35,713 shares of the company’s stock worth $154,000 after purchasing an additional 10,041 shares in the last quarter.

About Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.