Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $4.96 and traded as high as $5.11. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $5.05, with a volume of 111,756 shares changing hands.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Down 1.2 %

The firm has a fifty day moving average price of $5.02 and a 200-day moving average price of $4.96.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Dividend Announcement

The company also recently disclosed a — dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.1243 per share. This represents a yield of 9.1%. The ex-dividend date is Thursday, March 13th.

Hedge Funds Weigh In On Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

A number of large investors have recently made changes to their positions in EOD. Saba Capital Management L.P. raised its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 0.8% in the fourth quarter. Saba Capital Management L.P. now owns 1,886,968 shares of the closed-end fund’s stock worth $9,378,000 after buying an additional 15,415 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 21.8% in the fourth quarter. Advisors Asset Management Inc. now owns 1,814,956 shares of the closed-end fund’s stock worth $9,020,000 after purchasing an additional 324,395 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% in the fourth quarter. Bank of America Corp DE now owns 854,475 shares of the closed-end fund’s stock worth $4,247,000 after purchasing an additional 54,639 shares during the last quarter. Invesco Ltd. boosted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 2.4% during the 4th quarter. Invesco Ltd. now owns 669,283 shares of the closed-end fund’s stock valued at $3,326,000 after acquiring an additional 15,455 shares in the last quarter. Finally, 1607 Capital Partners LLC boosted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 11.7% during the 4th quarter. 1607 Capital Partners LLC now owns 562,546 shares of the closed-end fund’s stock valued at $2,796,000 after acquiring an additional 58,699 shares in the last quarter.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe.