Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.26 and traded as high as $6.59. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $6.5790, with a volume of 306,045 shares traded.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Performance

The firm’s 50 day moving average price is $6.26 and its 200-day moving average price is $6.01.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be issued a $0.05 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 9.1%.

Institutional Trading of Voya Global Equity Dividend and Premium Opportunity Fund

Several institutional investors have recently bought and sold shares of IGD. Lloyd Advisory Services LLC. purchased a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter valued at approximately $28,000. Spire Wealth Management lifted its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 61.8% during the 4th quarter. Spire Wealth Management now owns 7,506 shares of the investment management company’s stock valued at $43,000 after buying an additional 2,867 shares in the last quarter. Apeiron RIA LLC purchased a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the 4th quarter valued at approximately $57,000. Concurrent Investment Advisors LLC acquired a new stake in Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter valued at $59,000. Finally, XTX Topco Ltd acquired a new stake in Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter valued at $74,000.

About Voya Global Equity Dividend and Premium Opportunity Fund

The Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) is a closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objective by investing primarily in dividend‐paying equity securities of companies located around the world. In addition to traditional equity holdings, the fund employs an options overlay strategy—selling call options on individual stocks or on equity indices—to generate additional premium income and to help manage portfolio volatility.

IGD’s investment portfolio is broadly diversified across developed and emerging markets, including North America, Europe and the Asia-Pacific region.