Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Shares Pass Above Fifty Day Moving Average – What’s Next?

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $6.15 and traded as high as $6.16. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $6.15, with a volume of 67,728 shares.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

The stock’s fifty day moving average price is $6.15 and its two-hundred day moving average price is $6.34.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be paid a dividend of $0.065 per share. This represents a $0.78 annualized dividend and a yield of 12.68%. The ex-dividend date is Monday, February 3rd.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC acquired a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the 2nd quarter worth $78,000. Private Advisor Group LLC increased its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 11.2% during the fourth quarter. Private Advisor Group LLC now owns 159,000 shares of the company’s stock worth $964,000 after purchasing an additional 16,000 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter valued at about $1,154,000. Finally, Absolute Investment Advisers LLC acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter valued at about $1,278,000.

Voya Asia Pacific High Dividend Equity Income Fund Company Profile

Voya Asia Pacific High Dividend Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors.