Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Share Price Crosses Above Fifty Day Moving Average of $5.15

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.15 and traded as high as $5.19. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.16, with a volume of 138,831 shares.

Voya Global Equity Dividend and Premium Opportunity Fund Trading Down 0.4 %

The company’s 50-day moving average is $5.15 and its two-hundred day moving average is $5.12.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 1st will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.63%. The ex-dividend date of this dividend is Monday, July 1st.

Hedge Funds Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

Several institutional investors have recently bought and sold shares of IGD. Cetera Advisors LLC bought a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the first quarter valued at $176,000. Advisors Asset Management Inc. lifted its holdings in Voya Global Equity Dividend and Premium Opportunity Fund by 18.6% during the first quarter. Advisors Asset Management Inc. now owns 1,549,415 shares of the investment management company’s stock valued at $8,212,000 after purchasing an additional 242,684 shares during the last quarter. Prevail Innovative Wealth Advisors LLC boosted its position in Voya Global Equity Dividend and Premium Opportunity Fund by 23.4% during the first quarter. Prevail Innovative Wealth Advisors LLC now owns 191,760 shares of the investment management company’s stock worth $1,016,000 after purchasing an additional 36,366 shares during the period. Flynn Zito Capital Management LLC purchased a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the first quarter worth about $125,000. Finally, Private Advisor Group LLC raised its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 13.5% in the first quarter. Private Advisor Group LLC now owns 349,831 shares of the investment management company’s stock valued at $1,854,000 after purchasing an additional 41,601 shares during the period.

About Voya Global Equity Dividend and Premium Opportunity Fund

Voya Global Equity Dividend 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 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.