Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $6.20 and traded as low as $6.20. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $6.20, with a volume of 80,551 shares.

Voya Asia Pacific High Dividend Equity Income Fund Stock Performance

The firm has a 50 day moving average of $6.20 and a 200 day moving average of $6.30.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 12.58%.

Institutional Investors Weigh In On Voya Asia Pacific High Dividend Equity Income Fund

A number of large investors have recently bought and sold shares of the stock. Total Wealth Planning & Management Inc. acquired a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at approximately $81,000. Raymond James Financial Inc. acquired a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter valued at $986,000. Quarry LP bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter valued at $742,000. One Capital Management LLC acquired a new position in Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter worth $61,000. Finally, Private Advisor Group LLC lifted its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 11.2% in the fourth quarter. Private Advisor Group LLC now owns 159,000 shares of the company’s stock valued at $964,000 after buying an additional 16,000 shares in the last quarter.

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.