Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Stock Passes Below 200 Day Moving Average – Should You Sell?

Shares of Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.36 and traded as low as $5.15. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.15, with a volume of 70,856 shares traded.

Voya Emerging Markets High Dividend Equity Fund Price Performance

The company has a 50 day moving average price of $5.33 and a 200 day moving average price of $5.36.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were paid a $0.055 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.66 dividend on an annualized basis and a yield of 12.82%.

Hedge Funds Weigh In On Voya Emerging Markets High Dividend Equity Fund

A number of institutional investors have recently modified their holdings of IHD. Blue Bell Private Wealth Management LLC grew its position 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 purchasing an additional 5,156 shares during the period. Asset Dedication LLC bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the second quarter valued at $190,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 21.7% during the second 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 buying an additional 367,957 shares during the last quarter.

About Voya Emerging Markets High Dividend Equity Fund

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.