Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $7.67 and traded as high as $8.19. Voya Asia Pacific High Dividend Equity Income Fund shares last traded at $8.0850, with a volume of 65,997 shares traded.

Voya Asia Pacific High Dividend Equity Income Fund Trading Down 0.4%

The firm has a fifty day simple moving average of $7.67 and a 200-day simple moving average of $7.64.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be paid a $0.065 dividend. The ex-dividend date of this dividend is Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.6%.

Insider Buying and Selling at Voya Asia Pacific High Dividend Equity Income Fund

In other news, major shareholder Saba Capital Management, L.P. sold 41,777 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $7.73, for a total value of $322,936.21. Following the transaction, the insider owned 1,618,753 shares of the company’s stock, valued at $12,512,960.69. This represents a 2.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders sold 103,926 shares of company stock valued at $828,559.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Private Advisor Group LLC lifted its stake 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 period. Advisory Services Network LLC acquired a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 3rd quarter valued at $30,000. Osaic Holdings Inc. lifted its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 2.9% in the 4th quarter. Osaic Holdings Inc. now owns 150,141 shares of the company’s stock valued at $1,093,000 after purchasing an additional 4,300 shares during the period. NWF Advisory Services Inc. lifted its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 4.7% in the 3rd quarter. NWF Advisory Services Inc. now owns 107,250 shares of the company’s stock valued at $804,000 after purchasing an additional 4,800 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 5.4% in the 3rd quarter. Raymond James Financial Inc. now owns 136,445 shares of the company’s stock valued at $1,023,000 after purchasing an additional 6,934 shares during the period.

Voya Asia Pacific High Dividend Equity Income Fund Company Profile

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.