Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.38 and traded as low as $5.15. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.16, with a volume of 71,096 shares trading hands.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

The business has a 50 day moving average price of $5.45 and a 200-day moving average price of $5.38.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be paid a $0.055 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 12.92%. The ex-dividend date is Friday, November 1st.

Institutional Investors Weigh In On Voya Emerging Markets High Dividend Equity Fund

Institutional investors and hedge funds have recently modified their holdings of the company. City of London Investment Management Co. Ltd. lifted its holdings in Voya Emerging Markets High Dividend Equity Fund by 2.6% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 3,756,340 shares of the investment management company’s stock valued at $19,796,000 after purchasing an additional 93,460 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Voya Emerging Markets High Dividend Equity Fund by 21.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,065,701 shares of the investment management company’s stock valued at $11,113,000 after acquiring an additional 367,957 shares during the period. Blue Bell Private Wealth Management LLC raised its holdings in Voya Emerging Markets High Dividend Equity Fund by 54.7% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 14,588 shares of the investment management company’s stock valued at $78,000 after acquiring an additional 5,156 shares during the period. Finally, Asset Dedication LLC bought a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter worth approximately $190,000.

Voya Emerging Markets High Dividend Equity Fund Company Profile

Voya Emerging Markets High Dividend Equity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by ING Investment Management Advisors B.V. and Voya Investments, LLC. It invests in public equity markets of emerging market countries across the globe.