Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Stock Passes Above Two Hundred 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 Friday . The stock has a 200-day moving average of $4.81 and traded as high as $5.06. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $5.04, with a volume of 66,300 shares.

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

The firm’s fifty day moving average is $4.87 and its 200-day moving average is $4.81.

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

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th were paid a $0.1157 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 9.18%. This is an increase from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.11. The ex-dividend date was Friday, September 13th.

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

Several hedge funds have recently bought and sold shares of the company. Centaurus Financial Inc. purchased a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 2nd quarter worth approximately $107,000. Cetera Advisors LLC increased its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 84.7% during the first quarter. Cetera Advisors LLC now owns 23,256 shares of the closed-end fund’s stock worth $112,000 after acquiring an additional 10,664 shares during the period. Blue Bell Private Wealth Management LLC raised its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 83.6% in the second quarter. Blue Bell Private Wealth Management LLC now owns 25,046 shares of the closed-end fund’s stock valued at $122,000 after acquiring an additional 11,401 shares in the last quarter. Matisse Capital boosted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 32.8% in the first quarter. Matisse Capital now owns 27,511 shares of the closed-end fund’s stock valued at $132,000 after purchasing an additional 6,800 shares during the period. Finally, Harbour Investments Inc. grew its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 7.5% during the 2nd quarter. Harbour Investments Inc. now owns 61,742 shares of the closed-end fund’s stock worth $300,000 after purchasing an additional 4,317 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.