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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.62 and traded as high as $5.89. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $5.82, with a volume of 221,512 shares traded.

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

The firm has a 50-day moving average price of $5.77 and a two-hundred day moving average price of $5.62.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th will be given a $0.1315 dividend. This is a positive change from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $0.53 annualized dividend and a yield of 9.0%.

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

Several institutional investors and hedge funds have recently modified their holdings of EOD. Cetera Investment Advisers grew its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 10.4% in the first quarter. Cetera Investment Advisers now owns 48,909 shares of the closed-end fund’s stock worth $242,000 after purchasing an additional 4,590 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 86.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 17,675 shares of the closed-end fund’s stock valued at $87,000 after purchasing an additional 8,180 shares in the last quarter. Raymond James Financial Inc. lifted its holdings 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 worth $3,189,000 after buying an additional 617,053 shares during the period. 1607 Capital Partners LLC grew its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 4.4% during the 1st quarter. 1607 Capital Partners LLC now owns 587,546 shares of the closed-end fund’s stock worth $2,908,000 after buying an additional 25,000 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 18.0% during 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 buying an additional 327,151 shares during the period.

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.