Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.91 and traded as high as $5.03. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $5.01, with a volume of 144,812 shares.

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

The stock’s 50-day moving average is $4.94 and its 200-day moving average is $4.91.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Thursday, December 12th were issued a $0.1204 dividend. This represents a $0.48 annualized dividend and a dividend yield of 9.61%. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Centaurus Financial Inc. bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 2nd quarter valued at $107,000. Dakota Wealth Management bought a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 3rd quarter worth $51,000. Pathstone Holdings LLC lifted its holdings 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 buying an additional 180,633 shares during the period. Advisors Asset Management Inc. boosted its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 21.7% during the third quarter. Advisors Asset Management Inc. now owns 1,490,561 shares of the closed-end fund’s stock valued at $7,468,000 after buying an additional 266,192 shares in the last quarter. Finally, Catalina Capital Group LLC acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth about $60,000.

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.