Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Shares Climb 1.2% – What’s Next?

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) traded up 1.2% during mid-day trading on Friday. The stock traded as high as $6.46 and last traded at $6.4450. 175,272 shares traded hands during trading, a decline of 40% from the average session volume of 290,860 shares. The stock had previously closed at $6.37.

Voya Global Equity Dividend and Premium Opportunity Fund Trading Up 1.2%

The firm has a 50-day simple moving average of $6.32 and a 200 day simple moving average of $6.17.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, November 16th. Shareholders of record on Monday, November 2nd will be paid a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 9.3%. The ex-dividend date is Monday, November 2nd.

Institutional Investors Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the second quarter valued at about $25,000. NewEdge Advisors LLC boosted its position in Voya Global Equity Dividend and Premium Opportunity Fund by 4.6% in the first quarter. NewEdge Advisors LLC now owns 121,632 shares of the investment management company’s stock valued at $693,000 after buying an additional 5,311 shares during the last quarter. Apeiron RIA LLC purchased a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the third quarter worth $62,000. Cetera Investment Advisers lifted its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 15.8% in the 1st quarter. Cetera Investment Advisers now owns 82,161 shares of the investment management company’s stock valued at $468,000 after buying an additional 11,205 shares during the period. Finally, Fifth Third Bancorp purchased a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the 1st quarter valued at approximately $90,000.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

Voya Global Equity Dividend and Premium Opportunity Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol IGD. The fund seeks to provide current income and long-term capital appreciation by investing primarily in dividend-paying equity securities issued by companies around the world. The fund generally maintains a globally diversified portfolio that may include stocks of companies in developed and emerging markets. Its investment strategy also incorporates the sale of covered call options on some of its equity holdings.