Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.38 and traded as low as $5.15. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.16, with a volume of 71,096 shares changing hands.

Voya Emerging Markets High Dividend Equity Fund Price Performance

The business’s 50-day moving average price is $5.45 and its two-hundred day moving average price is $5.38.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be given a $0.055 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 12.79%. The ex-dividend date of this dividend is Friday, November 1st.

Hedge Funds Weigh In On Voya Emerging Markets High Dividend Equity Fund

A number of institutional investors have recently modified their holdings of IHD. Blue Bell Private Wealth Management LLC raised its position in shares of Voya Emerging Markets High Dividend Equity Fund by 54.7% in the second quarter. Blue Bell Private Wealth Management LLC now owns 14,588 shares of the investment management company’s stock valued at $78,000 after buying an additional 5,156 shares during the last quarter. Asset Dedication LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund during the second quarter worth approximately $190,000. Allspring Global Investments Holdings LLC increased its position in Voya Emerging Markets High Dividend Equity Fund by 21.7% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,065,701 shares of the investment management company’s stock worth $11,113,000 after purchasing an additional 367,957 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. increased its position in Voya Emerging Markets High Dividend Equity Fund by 2.6% during the first quarter. City of London Investment Management Co. Ltd. now owns 3,756,340 shares of the investment management company’s stock worth $19,796,000 after purchasing an additional 93,460 shares during the last quarter.

Voya Emerging Markets High Dividend Equity Fund Company Profile

Voya Emerging Markets High Dividend Equity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by ING Investment Management Advisors B.V. and Voya Investments, LLC. It invests in public equity markets of emerging market countries across the globe.