Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.29 and traded as low as $5.21. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.25, with a volume of 89,586 shares.

Voya Emerging Markets High Dividend Equity Fund Price Performance

The firm’s fifty day moving average is $5.13 and its two-hundred day moving average is $5.29.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be issued a $0.055 dividend. This represents a $0.66 annualized dividend and a yield of 12.58%. The ex-dividend date is Monday, February 3rd.

Institutional Investors Weigh In On Voya Emerging Markets High Dividend Equity Fund

Several institutional investors have recently bought and sold shares of the stock. Arkadios Wealth Advisors lifted its holdings in Voya Emerging Markets High Dividend Equity Fund by 244.6% in the 4th quarter. Arkadios Wealth Advisors now owns 133,618 shares of the investment management company’s stock valued at $669,000 after acquiring an additional 94,848 shares during the last quarter. Absolute Investment Advisers LLC acquired a new stake in Voya Emerging Markets High Dividend Equity Fund in the 4th quarter valued at about $1,282,000. Private Advisor Group LLC lifted its holdings in Voya Emerging Markets High Dividend Equity Fund by 3.8% in the 4th quarter. Private Advisor Group LLC now owns 191,952 shares of the investment management company’s stock valued at $962,000 after acquiring an additional 7,038 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in Voya Emerging Markets High Dividend Equity Fund in the 4th quarter valued at about $511,000. Finally, Raymond James Financial Inc. acquired a new stake in Voya Emerging Markets High Dividend Equity Fund in the 4th quarter valued at about $1,071,000.

Voya Emerging Markets High Dividend Equity Fund Company Profile

Voya Emerging Markets High Dividend Equity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by ING Investment Management Advisors B.V. and Voya Investments, LLC. It invests in public equity markets of emerging market countries across the globe.