Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Stock Price Breaks Below 50-Day Moving Average – Here’s Why

Shares of Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD – Get Free Report) passed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $6.44 and traded as low as $6.27. Voya Global Equity Dividend and Premium Opportunity Fund shares last traded at $6.2820, with a volume of 888,283 shares.

Voya Global Equity Dividend and Premium Opportunity Fund Price Performance

The company has a fifty day moving average price of $6.44 and a two-hundred day moving average price of $6.22.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.60 annualized dividend and a yield of 9.6%.

Institutional Investors Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IGD. Apeiron RIA LLC acquired a new stake in Voya Global Equity Dividend and Premium Opportunity Fund during the 3rd quarter worth $62,000. Turner Financial Group Inc. purchased a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the 2nd quarter worth $303,000. Northwestern Mutual Wealth Management Co. acquired a new position in Voya Global Equity Dividend and Premium Opportunity Fund in the second quarter valued at $25,000. Equitable Holdings Inc. acquired a new position in Voya Global Equity Dividend and Premium Opportunity Fund in the second quarter valued at $138,000. Finally, Corient Private Wealth LP acquired a new position in Voya Global Equity Dividend and Premium Opportunity Fund in the second quarter valued at $99,000.

About Voya Global Equity Dividend and Premium Opportunity Fund

(Get Free Report)

Voya Global Equity Dividend and Premium Opportunity Fund is a diversified closed-end investment fund listed on the New York Stock Exchange under the symbol IGD. The fund seeks to provide current income and long-term capital appreciation by investing primarily in dividend-paying equity securities issued by companies around the world.

To support its income-oriented strategy, the fund may employ an options program that includes writing covered call options on portions of its equity portfolio.

Featured Articles

Receive News & Ratings for Voya Global Equity Dividend and Premium Opportunity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Voya Global Equity Dividend and Premium Opportunity Fund and related companies with MarketBeat.com's FREE daily email newsletter.