Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.27 and traded as high as $5.37. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.35, with a volume of 35,872 shares changing hands.

Voya Emerging Markets High Dividend Equity Fund Price Performance

The company has a 50-day moving average of $5.27 and a 200 day moving average of $5.29.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a $0.055 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 12.34%. The ex-dividend date of this dividend is Tuesday, April 1st.

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

Large investors have recently modified their holdings of the stock. Comprehensive Money Management Services LLC purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth about $122,000. Total Wealth Planning & Management Inc. purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the fourth quarter valued at approximately $81,000. Saba Capital Management L.P. grew its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 14.6% during the fourth quarter. Saba Capital Management L.P. now owns 915,730 shares of the investment management company’s stock valued at $4,588,000 after buying an additional 116,361 shares during the last quarter. Logan Stone Capital LLC purchased a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the fourth quarter worth approximately $93,000. Finally, Cary Street Partners Financial LLC bought a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth approximately $55,000.

Voya Emerging Markets High Dividend Equity Fund Company Profile

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.