Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Share Price Passes Above 50-Day Moving Average of $5.14

Shares of Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $5.14 and traded as high as $5.24. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.24, with a volume of 271,740 shares trading hands.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Up 0.6 %

The firm’s 50 day moving average price is $5.15 and its two-hundred day moving average price is $5.02.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, May 2nd will be paid a dividend of $0.05 per share. The ex-dividend date is Wednesday, May 1st. This represents a $0.60 dividend on an annualized basis and a yield of 11.45%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Blue Bell Private Wealth Management LLC boosted its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 200.5% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 7,002 shares of the investment management company’s stock valued at $37,000 after acquiring an additional 4,672 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 76.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 81,010 shares of the investment management company’s stock valued at $403,000 after acquiring an additional 35,050 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 6.3% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 120,416 shares of the investment management company’s stock valued at $603,000 after acquiring an additional 7,130 shares during the last quarter. Karpus Management Inc. boosted its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 32.1% during the 4th quarter. Karpus Management Inc. now owns 2,978,311 shares of the investment management company’s stock valued at $14,802,000 after acquiring an additional 723,418 shares during the last quarter. Finally, Quantedge Capital Pte Ltd boosted its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 118.8% during the 4th quarter. Quantedge Capital Pte Ltd now owns 120,280 shares of the investment management company’s stock valued at $598,000 after acquiring an additional 65,300 shares during the last quarter.

About Voya Global Equity Dividend and Premium Opportunity Fund

Voya Global Equity Dividend 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 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.