Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA) Trading 0.5% Higher – What’s Next?

Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA)’s share price traded up 0.5% during trading on Thursday . The stock traded as high as $10.26 and last traded at $10.20. 83,889 shares were traded during trading, an increase of 46% from the average daily volume of 57,310 shares. The stock had previously closed at $10.15.

Voya Global Advantage and Premium Opportunity Fund Price Performance

The company has a 50 day moving average of $9.89 and a 200 day moving average of $9.79.

Voya Global Advantage and Premium Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be paid a $0.085 dividend. The ex-dividend date is Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%.

Hedge Funds Weigh In On Voya Global Advantage and Premium Opportunity Fund

Large investors have recently modified their holdings of the stock. Royal Bank of Canada raised its holdings in Voya Global Advantage and Premium Opportunity Fund by 8.2% during the 1st quarter. Royal Bank of Canada now owns 97,163 shares of the company’s stock worth $929,000 after purchasing an additional 7,384 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Voya Global Advantage and Premium Opportunity Fund by 2.6% in the 4th quarter. Invesco Ltd. now owns 287,018 shares of the company’s stock valued at $2,790,000 after purchasing an additional 7,157 shares during the last quarter. Evolve Private Wealth LLC acquired a new stake in shares of Voya Global Advantage and Premium Opportunity Fund during the 4th quarter worth approximately $202,000. Guggenheim Capital LLC grew its position in shares of Voya Global Advantage and Premium Opportunity Fund by 31.8% during the 4th quarter. Guggenheim Capital LLC now owns 664,084 shares of the company’s stock worth $6,455,000 after buying an additional 160,302 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of Voya Global Advantage and Premium Opportunity Fund by 35.0% during the fourth quarter. Cetera Investment Advisers now owns 51,646 shares of the company’s stock worth $502,000 after buying an additional 13,385 shares during the last quarter.

About Voya Global Advantage and Premium Opportunity Fund

Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds.