Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Stock Price Passes Below Two Hundred Day Moving Average of $5.25

Shares of Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.25 and traded as low as $5.23. Voya Emerging Markets High Dividend Equity Fund shares last traded at $5.29, with a volume of 23,565 shares trading hands.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

The stock has a 50-day simple moving average of $5.35 and a 200 day simple moving average of $5.26.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Thursday, August 1st will be given a dividend of $0.055 per share. The ex-dividend date is Thursday, August 1st. This represents a $0.66 dividend on an annualized basis and a yield of 12.52%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Asset Dedication LLC bought a new stake in Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter valued at approximately $190,000. Blue Bell Private Wealth Management LLC increased its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 54.7% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 14,588 shares of the investment management company’s stock worth $78,000 after purchasing an additional 5,156 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Voya Emerging Markets High Dividend Equity Fund by 21.7% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,065,701 shares of the investment management company’s stock valued at $11,113,000 after buying an additional 367,957 shares during the last quarter. City of London Investment Management Co. Ltd. lifted its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 2.6% in the first quarter. City of London Investment Management Co. Ltd. now owns 3,756,340 shares of the investment management company’s stock valued at $19,796,000 after buying an additional 93,460 shares during the period. Finally, Private Advisor Group LLC grew its position in Voya Emerging Markets High Dividend Equity Fund by 5.7% during the first quarter. Private Advisor Group LLC now owns 185,424 shares of the investment management company’s stock worth $977,000 after buying an additional 10,029 shares in the last quarter.

About Voya Emerging Markets High Dividend Equity Fund

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.