Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.04 and traded as high as $5.47. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $5.47, with a volume of 219,911 shares traded.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Price Performance

The stock has a fifty day moving average price of $5.22 and a 200 day moving average price of $5.04.

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

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Thursday, June 12th were paid a dividend of $0.1264 per share. This is a positive change from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Thursday, June 12th. This represents a $0.51 annualized dividend and a yield of 9.25%.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. purchased a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth about $47,000. Cary Street Partners Financial LLC purchased a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth about $50,000. Kane Investment Management Inc. purchased a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth about $54,000. Dakota Wealth Management grew its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 28.0% during the first quarter. Dakota Wealth Management now owns 13,720 shares of the closed-end fund’s stock worth $68,000 after buying an additional 3,000 shares in the last quarter. Finally, Integrity Alliance LLC. purchased a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the first quarter worth about $79,000.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Company Profile

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.