Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Stock Price Passes Below 50-Day Moving Average – What’s Next?

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.45 and traded as low as $7.21. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $7.31, with a volume of 36,205 shares changing hands.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

The company’s fifty day moving average is $7.44 and its 200-day moving average is $7.21.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be issued a $0.065 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 10.7%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Bulldog Investors LLP increased its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 424.0% during the 3rd quarter. Bulldog Investors LLP now owns 406,055 shares of the company’s stock valued at $3,045,000 after purchasing an additional 328,562 shares during the last quarter. Shaker Financial Services LLC grew its position in Voya Asia Pacific High Dividend Equity Income Fund by 4.6% during the third quarter. Shaker Financial Services LLC now owns 181,933 shares of the company’s stock valued at $1,364,000 after buying an additional 8,050 shares during the period. Osaic Holdings Inc. increased its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 7.8% during the second quarter. Osaic Holdings Inc. now owns 147,659 shares of the company’s stock valued at $1,040,000 after buying an additional 10,684 shares during the last quarter. Raymond James Financial Inc. raised its position in Voya Asia Pacific High Dividend Equity Income Fund by 5.4% in the third quarter. Raymond James Financial Inc. now owns 136,445 shares of the company’s stock worth $1,023,000 after acquiring an additional 6,934 shares during the period. Finally, NWF Advisory Services Inc. boosted its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 4.7% during the 3rd quarter. NWF Advisory Services Inc. now owns 107,250 shares of the company’s stock worth $804,000 after acquiring an additional 4,800 shares during the last quarter.

Voya Asia Pacific High Dividend Equity Income Fund Company Profile

Voya Asia Pacific High Dividend Equity Income 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 the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors.