Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $5.12 and traded as high as $5.17. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.16, with a volume of 60,107 shares.

Voya Emerging Markets High Dividend Equity Fund Stock Up 0.5 %

The company’s fifty day moving average price is $5.12 and its two-hundred day moving average price is $5.31.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a yield of 12.73%. The ex-dividend date is Monday, February 3rd.

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

A hedge fund recently raised its stake in Voya Emerging Markets High Dividend Equity Fund stock. Arkadios Wealth Advisors lifted its stake in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) by 244.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 133,618 shares of the investment management company’s stock after acquiring an additional 94,848 shares during the quarter. Arkadios Wealth Advisors’ holdings in Voya Emerging Markets High Dividend Equity Fund were worth $669,000 as of its most recent SEC filing.

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.