Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE)’s share 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.

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

The firm has a fifty day moving average price of $8.73 and a 200-day moving average price of $8.15.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IAE. Bulldog Investors LLP lifted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 3.8% during the 1st quarter. Bulldog Investors LLP now owns 441,260 shares of the company’s stock worth $3,252,000 after acquiring an additional 16,352 shares during the period. Shaker Financial Services LLC increased its position in Voya Asia Pacific High Dividend Equity Income Fund by 9.4% during the fourth quarter. Shaker Financial Services LLC now owns 198,949 shares of the company’s stock worth $1,461,000 after purchasing an additional 17,016 shares during the last quarter. Osaic Holdings Inc. raised its stake in Voya Asia Pacific High Dividend Equity Income Fund by 2.9% during the fourth quarter. Osaic Holdings Inc. now owns 150,141 shares of the company’s stock worth $1,093,000 after purchasing an additional 4,300 shares during the period. Raymond James Financial Inc. raised its stake in Voya Asia Pacific High Dividend Equity Income Fund by 5.4% during the third quarter. Raymond James Financial Inc. now owns 136,445 shares of the company’s stock worth $1,023,000 after purchasing an additional 6,934 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 1.6% in the 1st quarter. Private Advisor Group LLC now owns 117,375 shares of the company’s stock valued at $865,000 after purchasing an additional 1,875 shares during the last quarter.

About Voya Asia Pacific High Dividend Equity Income Fund

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.