Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Shares Pass Above 200-Day Moving Average – Here’s Why

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.31 and traded as high as $5.77. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $5.74, with a volume of 153,801 shares traded.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Down 0.2%

The company’s fifty day simple moving average is $5.66 and its two-hundred day simple moving average is $5.31.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Friday, September 12th were issued a dividend of $0.1267 per share. This represents a $0.51 annualized dividend and a dividend yield of 8.8%. The ex-dividend date of this dividend was Friday, September 12th. This is a positive change from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13.

Institutional Trading of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. boosted its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 2,261.9% in the 1st quarter. Raymond James Financial Inc. now owns 644,333 shares of the closed-end fund’s stock valued at $3,189,000 after purchasing an additional 617,053 shares during the last quarter. Advisors Asset Management Inc. boosted its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 18.0% in the first quarter. Advisors Asset Management Inc. now owns 2,142,107 shares of the closed-end fund’s stock valued at $10,603,000 after acquiring an additional 327,151 shares during the period. Shaker Financial Services LLC lifted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 228.9% during the second quarter. Shaker Financial Services LLC now owns 145,159 shares of the closed-end fund’s stock valued at $791,000 after purchasing an additional 101,024 shares during the last quarter. Invesco Ltd. raised its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 5.3% during the second quarter. Invesco Ltd. now owns 695,819 shares of the closed-end fund’s stock worth $3,750,000 after acquiring an additional 35,174 shares in the last quarter. Finally, SOA Wealth Advisors LLC. purchased a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the first quarter worth $151,000.

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.