Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA) Shares Down 0% – Time to Sell?

Voya Global Advantage and Premium Opportunity Fund (NYSE:IGAGet Free Report)’s share price dropped 0% during trading on Tuesday . The company traded as low as $10.50 and last traded at $10.5350. Approximately 55,521 shares were traded during trading, a decline of 11% from the average session volume of 62,095 shares. The stock had previously closed at $10.54.

Voya Global Advantage and Premium Opportunity Fund Price Performance

The firm has a 50-day simple moving average of $10.24 and a 200-day simple moving average of $9.89.

Voya Global Advantage and Premium Opportunity Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.085 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%.

Institutional Trading of Voya Global Advantage and Premium Opportunity Fund

Several hedge funds have recently bought and sold shares of the stock. Guggenheim Capital LLC raised its stake in Voya Global Advantage and Premium Opportunity Fund by 31.8% during the 4th quarter. Guggenheim Capital LLC now owns 664,084 shares of the company’s stock worth $6,455,000 after acquiring an additional 160,302 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Voya Global Advantage and Premium Opportunity Fund by 44.6% during the 3rd quarter. Raymond James Financial Inc. now owns 341,793 shares of the company’s stock valued at $3,391,000 after buying an additional 105,359 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in Voya Global Advantage and Premium Opportunity Fund by 118.0% in the 2nd quarter. Osaic Holdings Inc. now owns 90,404 shares of the company’s stock worth $898,000 after buying an additional 48,934 shares during the period. Closed End Fund Advisors Inc. purchased a new stake in Voya Global Advantage and Premium Opportunity Fund in the 4th quarter worth $342,000. Finally, Kovack Advisors Inc. raised its holdings in Voya Global Advantage and Premium Opportunity Fund by 48.1% during the fourth quarter. Kovack Advisors Inc. now owns 71,006 shares of the company’s stock valued at $690,000 after acquiring an additional 23,052 shares during the period.

About Voya Global Advantage and Premium Opportunity Fund

(Get Free Report)

Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds.

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