Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Shares Climb 1.6% – Should You Buy?

Shares of Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) traded up 1.6% during mid-day trading on Tuesday. The company traded as high as $7.50 and last traded at $7.1240. Approximately 150,926 shares changed hands during mid-day trading, an increase of 139% from the average daily volume of 63,158 shares. The stock had previously closed at $7.01.

Voya Asia Pacific High Dividend Equity Income Fund Stock Up 1.6%

The stock’s fifty day moving average price is $8.02 and its 200-day moving average price is $8.21.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The firm also recently declared a special dividend, which was paid on Tuesday, October 13th. Shareholders of record on Friday, October 9th were given a dividend of $1.66 per share. The ex-dividend date of this dividend was Friday, October 9th.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of IAE. Beverly Hills Private Wealth LLC bought a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 3rd quarter worth approximately $94,000. Cetera Investment Advisers lifted its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 36.2% during the 1st quarter. Cetera Investment Advisers now owns 18,814 shares of the company’s stock valued at $139,000 after purchasing an additional 5,000 shares during the last quarter. Bulldog Investors LLP boosted its position in Voya Asia Pacific High Dividend Equity Income Fund by 3.8% during the first quarter. Bulldog Investors LLP now owns 441,260 shares of the company’s stock worth $3,252,000 after purchasing an additional 16,352 shares during the period. Fifth Third Bancorp bought a new position in Voya Asia Pacific High Dividend Equity Income Fund during the first quarter worth $219,000. Finally, Private Advisor Group LLC boosted its position in Voya Asia Pacific High Dividend Equity Income Fund by 1.6% during the first quarter. Private Advisor Group LLC now owns 117,375 shares of the company’s stock worth $865,000 after purchasing an additional 1,875 shares during the period.

About Voya Asia Pacific High Dividend Equity Income Fund

Voya Asia Pacific High Dividend Equity Income Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol IAE. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing primarily in dividend-paying equity securities. The fund focuses on companies located in the Asia-Pacific region, including developed and emerging markets such as Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand.