Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA) Shares Up 1.2% – What’s Next?

Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA) shot up 1.2% during trading on Friday . The company traded as high as $9.98 and last traded at $9.95. 92,837 shares traded hands during trading, an increase of 32% from the average session volume of 70,517 shares. The stock had previously closed at $9.83.

Voya Global Advantage and Premium Opportunity Fund Stock Up 1.2%

The company has a fifty day moving average of $9.80 and a two-hundred day moving average of $9.79.

Voya Global Advantage and Premium Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 2nd will be paid a $0.085 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 10.3%.

Institutional Investors Weigh In On Voya Global Advantage and Premium Opportunity Fund

A number of hedge funds have recently bought and sold shares of IGA. Wolverine Asset Management LLC acquired a new position in shares of Voya Global Advantage and Premium Opportunity Fund in the third quarter valued at $26,000. Advisory Services Network LLC bought a new stake in Voya Global Advantage and Premium Opportunity Fund in the 3rd quarter valued at $34,000. Camelot Portfolios LLC bought a new stake in Voya Global Advantage and Premium Opportunity Fund in the 4th quarter valued at $47,000. Prevail Innovative Wealth Advisors LLC acquired a new position in shares of Voya Global Advantage and Premium Opportunity Fund in the 3rd quarter valued at $134,000. Finally, Bank of America Corp DE lifted its holdings in shares of Voya Global Advantage and Premium Opportunity Fund by 479.4% during the 3rd quarter. Bank of America Corp DE now owns 13,783 shares of the company’s stock worth $137,000 after acquiring an additional 11,404 shares during the period.

About Voya Global Advantage and Premium Opportunity Fund

Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds.