Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.16 and traded as high as $6.24. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $6.22, with a volume of 12,685 shares changing hands.

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

The company’s fifty day moving average is $6.16 and its 200 day moving average is $6.35.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be issued a $0.065 dividend. The ex-dividend date is Monday, February 3rd. This represents a $0.78 annualized dividend and a dividend yield of 12.54%.

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

Institutional investors have recently bought and sold shares of the stock. Absolute Investment Advisers LLC purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter worth approximately $1,278,000. Private Advisor Group LLC increased its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 5.9% in the third quarter. Private Advisor Group LLC now owns 143,000 shares of the company’s stock worth $980,000 after buying an additional 8,000 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the second quarter worth $78,000.

About Voya Asia Pacific High Dividend Equity Income Fund

Voya Asia Pacific High Dividend Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors.