Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.82 and traded as high as $4.97. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $4.93, with a volume of 126,164 shares traded.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Price Performance

The business’s fifty day moving average is $4.91 and its two-hundred day moving average is $4.82.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th were paid a $0.1157 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.46 annualized dividend and a dividend yield of 9.39%. This is a boost from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.11.

Institutional Investors Weigh In On Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

Several institutional investors have recently modified their holdings of EOD. Advisors Asset Management Inc. raised its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 29.9% in the 1st quarter. Advisors Asset Management Inc. now owns 918,969 shares of the closed-end fund’s stock worth $4,411,000 after buying an additional 211,487 shares during the last quarter. Karpus Management Inc. purchased a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the first quarter valued at approximately $1,380,000. Logan Stone Capital LLC lifted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 24.3% during the second quarter. Logan Stone Capital LLC now owns 109,326 shares of the closed-end fund’s stock valued at $531,000 after purchasing an additional 21,371 shares during the period. Harbour Investments Inc. boosted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 7.5% in the second quarter. Harbour Investments Inc. now owns 61,742 shares of the closed-end fund’s stock worth $300,000 after purchasing an additional 4,317 shares during the last quarter. Finally, Matisse Capital boosted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 32.8% in the first quarter. Matisse Capital now owns 27,511 shares of the closed-end fund’s stock worth $132,000 after purchasing an additional 6,800 shares during the last quarter.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe.