Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $7.43 and traded as low as $7.26. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $7.3640, with a volume of 37,930 shares traded.

Voya Asia Pacific High Dividend Equity Income Fund Stock Performance

The stock has a 50-day moving average of $7.43 and a two-hundred day moving average of $7.25.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th will be given a $0.065 dividend. This represents a c) annualized dividend and a dividend yield of 10.6%. The ex-dividend date of this dividend is Tuesday, December 30th.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of IAE. Advisory Services Network LLC bought a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the third quarter worth approximately $30,000. Bulldog Investors LLP increased its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 424.0% in the 3rd quarter. Bulldog Investors LLP now owns 406,055 shares of the company’s stock worth $3,045,000 after purchasing an additional 328,562 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 5.4% in the third quarter. Raymond James Financial Inc. now owns 136,445 shares of the company’s stock worth $1,023,000 after purchasing an additional 6,934 shares during the last quarter. NWF Advisory Services Inc. raised its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 4.7% in the third quarter. NWF Advisory Services Inc. now owns 107,250 shares of the company’s stock worth $804,000 after purchasing an additional 4,800 shares during the last quarter. Finally, Shaker Financial Services LLC lifted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 4.6% during the third quarter. Shaker Financial Services LLC now owns 181,933 shares of the company’s stock valued at $1,364,000 after purchasing an additional 8,050 shares in the last quarter.

Voya Asia Pacific High Dividend Equity Income Fund Company Profile

The Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) is a closed-end management investment company whose primary objective is to provide current income and capital appreciation by investing in dividend-paying equity securities of companies in the Asia Pacific region. The fund seeks to build a diversified portfolio of high-yielding common stocks, real estate investment trusts (REITs) and depositary receipts, targeting issuers in markets such as Australia, Hong Kong, Japan, Singapore and South Korea.