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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $8.73 and traded as low as $8.41. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $8.5650, with a volume of 29,328 shares changing hands.

Voya Asia Pacific High Dividend Equity Income Fund Trading Up 0.2%

The business’s 50 day moving average price is $8.73 and its 200-day moving average price is $8.15.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be paid a dividend of $0.065 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 9.1%.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund during the third quarter worth $30,000. Cetera Investment Advisers purchased a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the second quarter valued at $83,000. Closed End Fund Advisors Inc. acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter valued at $134,000. Fifth Third Bancorp acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund during the first quarter valued at $219,000. Finally, LPL Financial LLC increased its position in Voya Asia Pacific High Dividend Equity Income Fund by 264.6% during the 4th quarter. LPL Financial LLC now owns 47,623 shares of the company’s stock worth $347,000 after purchasing an additional 34,561 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.