Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.35 and traded as low as $5.18. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.24, with a volume of 66,871 shares traded.

Voya Emerging Markets High Dividend Equity Fund Stock Down 0.8 %

The business has a 50 day moving average of $5.27 and a 200-day moving average of $5.35.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, January 15th. Investors of record on Monday, December 30th will be paid a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 12.69%. The ex-dividend date is Monday, December 30th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IHD. Allspring Global Investments Holdings LLC grew its position in shares of Voya Emerging Markets High Dividend Equity Fund by 21.7% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,065,701 shares of the investment management company’s stock valued at $11,113,000 after purchasing an additional 367,957 shares during the period. Asset Dedication LLC acquired a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter valued at about $190,000. Finally, Blue Bell Private Wealth Management LLC lifted its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 54.7% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 14,588 shares of the investment management company’s stock worth $78,000 after acquiring an additional 5,156 shares during the period.

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.