Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Shares Climb 0.1% – Here’s Why

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD)’s share price traded up 0.1% during trading on Friday. The company traded as high as $7.45 and last traded at $7.42. 546,427 shares traded hands during mid-day trading, an increase of 396% from the average daily volume of 110,084 shares. The stock had previously closed at $7.41.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

The stock’s 50 day moving average price is $7.51 and its two-hundred day moving average price is $7.30.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Thursday, October 1st were issued a $0.0550 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.66 dividend on an annualized basis and a yield of 8.9%.

Institutional Investors Weigh In On Voya Emerging Markets High Dividend Equity Fund

Several institutional investors have recently modified their holdings of the company. Shaker Financial Services LLC grew its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 12.8% in the 3rd quarter. Shaker Financial Services LLC now owns 29,479 shares of the investment management company’s stock worth $223,000 after acquiring an additional 3,350 shares during the period. Cetera Investment Advisers increased its stake in Voya Emerging Markets High Dividend Equity Fund by 36.1% in the 1st quarter. Cetera Investment Advisers now owns 16,530 shares of the investment management company’s stock valued at $110,000 after purchasing an additional 4,383 shares in the last quarter. Private Advisor Group LLC increased its stake in Voya Emerging Markets High Dividend Equity Fund by 8.3% in the 3rd quarter. Private Advisor Group LLC now owns 145,919 shares of the investment management company’s stock valued at $1,105,000 after purchasing an additional 11,154 shares in the last quarter. Comprehensive Money Management Services LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund during the second quarter worth $111,000. Finally, Beverly Hills Private Wealth LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund during the third quarter worth $183,000.

Voya Emerging Markets High Dividend Equity Fund Company Profile

Voya Emerging Markets High Dividend Equity Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol IHD. The fund seeks to provide investors with income and long-term capital appreciation by investing primarily in dividend-paying equity securities issued by companies in emerging-market countries. The fund’s portfolio may include common stocks and other equity investments across a range of industries and geographies. Its exposure can include companies in regions such as Asia, Latin America, Eastern Europe, Africa and the Middle East, although the fund’s geographic allocation changes over time based on the portfolio manager’s investment decisions and market conditions.