Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.97 and traded as high as $5.01. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $4.93, with a volume of 79,496 shares traded.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Performance

The company has a 50 day moving average of $5.06 and a two-hundred day moving average of $4.97.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Announces Dividend

The firm also recently declared a — dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Thursday, March 13th will be paid a dividend of $0.1243 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a dividend yield of 9.1%.

Hedge Funds Weigh In On Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Capstone Investment Advisors LLC acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 4th quarter valued at approximately $2,308,000. Advisors Asset Management Inc. grew its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 21.8% during the fourth quarter. Advisors Asset Management Inc. now owns 1,814,956 shares of the closed-end fund’s stock valued at $9,020,000 after buying an additional 324,395 shares during the last quarter. 1607 Capital Partners LLC grew its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 11.7% during the fourth quarter. 1607 Capital Partners LLC now owns 562,546 shares of the closed-end fund’s stock valued at $2,796,000 after buying an additional 58,699 shares during the last quarter. Bank of America Corp DE raised its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% in the 4th quarter. Bank of America Corp DE now owns 854,475 shares of the closed-end fund’s stock worth $4,247,000 after acquiring an additional 54,639 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC lifted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 62.5% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 109,369 shares of the closed-end fund’s stock worth $544,000 after acquiring an additional 42,049 shares during the period.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe.