Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Stock Passes Below Two Hundred Day Moving Average of $5.27

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD – Get Rating)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.27 and traded as low as $5.01. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $5.03, with a volume of 171,099 shares traded.

Voya Global Equity Dividend and Premium Opportunity Fund Price Performance

The company’s 50 day simple moving average is $5.08 and its 200 day simple moving average is $5.26.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Friday, June 2nd will be paid a $0.04 dividend. The ex-dividend date is Thursday, June 1st. This represents a $0.48 annualized dividend and a dividend yield of 9.58%.

Hedge Funds Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 18.6% during the first quarter. Bank of America Corp DE now owns 3,076,956 shares of the investment management company’s stock worth $15,692,000 after purchasing an additional 483,469 shares in the last quarter. Capital Investment Advisors LLC grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 6.4% during the first quarter. Capital Investment Advisors LLC now owns 2,280,668 shares of the investment management company’s stock worth $11,631,000 after purchasing an additional 138,107 shares in the last quarter. Guggenheim Capital LLC grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 10.1% during the third quarter. Guggenheim Capital LLC now owns 1,855,550 shares of the investment management company’s stock worth $9,278,000 after purchasing an additional 170,494 shares in the last quarter. Karpus Management Inc. grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 12.0% during the first quarter. Karpus Management Inc. now owns 1,586,082 shares of the investment management company’s stock worth $8,089,000 after purchasing an additional 170,338 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 62.4% during the first quarter. Advisors Asset Management Inc. now owns 802,466 shares of the investment management company’s stock worth $4,093,000 after purchasing an additional 308,242 shares in the last quarter.

About Voya Global Equity Dividend and Premium Opportunity Fund

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Voya Global Equity Dividend & Premium Opportunity Fund is a non-diversified, closed-end management investment company. Its primary objective is to provide a high level of income, with a secondary objective of capital appreciation. The company was founded in April 2004 and is headquartered in Scottsdale, AZ.