Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Shares of Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDFGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $5.44 and traded as low as $5.27. Virtus Stone Harbor Emerging Markets Income Fund shares last traded at $5.2820, with a volume of 333,581 shares changing hands.

Virtus Stone Harbor Emerging Markets Income Fund Trading Up 0.3%

The firm’s 50-day moving average price is $5.44 and its two-hundred day moving average price is $5.18.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, August 28th. Stockholders of record on Thursday, August 13th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a c) dividend on an annualized basis and a dividend yield of 13.7%.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

Large investors have recently bought and sold shares of the stock. Eclectic Associates Inc. ADV raised its stake in Virtus Stone Harbor Emerging Markets Income Fund by 2.9% during the second quarter. Eclectic Associates Inc. ADV now owns 127,002 shares of the company’s stock worth $709,000 after acquiring an additional 3,524 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 223.7% during the second quarter. CoreCap Advisors LLC now owns 80,716 shares of the company’s stock valued at $450,000 after acquiring an additional 55,777 shares during the period. Independent Financial Group LLC acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 1st quarter valued at $71,000. Arlington Capital Management Inc. boosted its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 9.1% in the 1st quarter. Arlington Capital Management Inc. now owns 32,686 shares of the company’s stock valued at $156,000 after purchasing an additional 2,714 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 21.6% in the 1st quarter. Kestra Advisory Services LLC now owns 137,908 shares of the company’s stock worth $659,000 after purchasing an additional 24,453 shares during the last quarter.

About Virtus Stone Harbor Emerging Markets Income Fund

(Get Free Report)

Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) is a closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in fixed-income securities issued by sovereign, quasi-sovereign and corporate issuers in emerging market countries. The fund’s portfolio is diversified across both hard-currency and local-currency debt instruments, with exposure to regions including Asia, Latin America, Eastern Europe, the Middle East and Africa.

Further Reading

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