Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Shares Pass Above 50 Day Moving Average – What’s Next?

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $8.71 and traded as high as $8.88. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $8.8750, with a volume of 10,162 shares.

Voya Asia Pacific High Dividend Equity Income Fund Trading Up 1.2%

The firm’s fifty day simple moving average is $8.71 and its two-hundred day simple moving average is $8.31.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.065 per share. The ex-dividend date is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%.

Hedge Funds Weigh In On Voya Asia Pacific High Dividend Equity Income Fund

Hedge funds have recently made changes to their positions in the business. Bulldog Investors LLP raised its stake in Voya Asia Pacific High Dividend Equity Income Fund by 3.8% during the 1st quarter. Bulldog Investors LLP now owns 441,260 shares of the company’s stock valued at $3,252,000 after purchasing an additional 16,352 shares during the period. Osaic Holdings Inc. raised its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 2.9% during the fourth quarter. Osaic Holdings Inc. now owns 150,141 shares of the company’s stock valued at $1,093,000 after buying an additional 4,300 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of 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 buying an additional 6,934 shares in the last quarter. Private Advisor Group LLC lifted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 1.6% in the first quarter. Private Advisor Group LLC now owns 117,375 shares of the company’s stock worth $865,000 after buying an additional 1,875 shares in the last quarter. Finally, NWF Advisory Services Inc. boosted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 5.6% during the fourth quarter. NWF Advisory Services Inc. now owns 113,250 shares of the company’s stock worth $824,000 after acquiring an additional 6,000 shares during the last quarter.

About Voya Asia Pacific High Dividend Equity Income Fund

The Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) is a closed-end management investment company whose primary objective is to provide current income and capital appreciation by investing in dividend-paying equity securities of companies in the Asia Pacific region. The fund seeks to build a diversified portfolio of high-yielding common stocks, real estate investment trusts (REITs) and depositary receipts, targeting issuers in markets such as Australia, Hong Kong, Japan, Singapore and South Korea.