Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Stock Price Up 0.7% – Here’s What Happened

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) shot up 0.7% during trading on Thursday . The stock traded as high as $12.80 and last traded at $12.7440. 71,913 shares changed hands during trading, an increase of 21% from the average session volume of 59,281 shares. The stock had previously closed at $12.65.

Voya Infrastructure, Industrials and Materials Fund Stock Up 0.7%

The company’s 50 day moving average price is $12.04 and its two-hundred day moving average price is $12.07.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a c) annualized dividend and a yield of 9.4%.

Institutional Investors Weigh In On Voya Infrastructure, Industrials and Materials Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE grew its position in Voya Infrastructure, Industrials and Materials Fund by 10.5% in the 2nd quarter. Bank of America Corp DE now owns 16,610 shares of the company’s stock valued at $194,000 after acquiring an additional 1,581 shares during the last quarter. Uhlmann Price Securities LLC boosted its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 20.5% during the third quarter. Uhlmann Price Securities LLC now owns 24,451 shares of the company’s stock valued at $297,000 after purchasing an additional 4,157 shares during the period. NWF Advisory Services Inc. boosted its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 7.6% during the third quarter. NWF Advisory Services Inc. now owns 28,200 shares of the company’s stock valued at $342,000 after purchasing an additional 2,000 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 54.4% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 30,032 shares of the company’s stock worth $351,000 after purchasing an additional 10,581 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Voya Infrastructure, Industrials and Materials Fund by 14,903.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 49,961 shares of the company’s stock worth $584,000 after buying an additional 49,628 shares during the period.

About Voya Infrastructure, Industrials and Materials Fund

Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) is a closed-end management investment company that seeks total return through a combination of current income and capital appreciation. The fund primarily invests in equity securities of companies engaged in infrastructure, industrials and materials businesses, such as utilities, transportation, engineering and construction materials. By targeting firms with established cash flows and growth potential, the fund aims to deliver a blend of yield and long-term capital gains for shareholders.

The fund’s investment strategy combines bottom-up security selection with broad sector diversification.