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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.90 and traded as high as $5.02. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $4.98, with a volume of 116,116 shares trading hands.

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

The business has a 50-day moving average price of $4.93 and a two-hundred day moving average price of $4.90.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 12th were paid a dividend of $0.1204 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 9.67%. The ex-dividend date was Thursday, December 12th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Advisors Asset Management Inc. increased its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 21.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,490,561 shares of the closed-end fund’s stock valued at $7,468,000 after acquiring an additional 266,192 shares during the last quarter. Pathstone Holdings LLC increased its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 173.8% in the third quarter. Pathstone Holdings LLC now owns 284,566 shares of the closed-end fund’s stock valued at $1,426,000 after acquiring an additional 180,633 shares during the last quarter. Dakota Wealth Management bought a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the third quarter valued at $51,000. Centaurus Financial Inc. acquired a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 2nd quarter valued at about $107,000. Finally, Logan Stone Capital LLC boosted its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 24.3% during the 2nd quarter. Logan Stone Capital LLC now owns 109,326 shares of the closed-end fund’s stock worth $531,000 after acquiring an additional 21,371 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.