Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Stock Crosses Above 200 Day Moving Average of $4.36

Shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.36 and traded as high as $4.70. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund shares last traded at $4.69, with a volume of 125,303 shares traded.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Up 1.5 %

The company’s 50 day simple moving average is $4.60 and its two-hundred day simple moving average is $4.37.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Tuesday, March 12th were given a dividend of $0.108 per share. The ex-dividend date was Monday, March 11th. This is an increase from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.11. This represents a $0.43 dividend on an annualized basis and a yield of 9.21%.

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

Several institutional investors and hedge funds have recently modified their holdings of the business. Kercheville Advisors LLC acquired a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 4th quarter worth about $44,000. Blue Bell Private Wealth Management LLC boosted its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 1,263.1% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 13,645 shares of the closed-end fund’s stock worth $65,000 after purchasing an additional 12,644 shares during the last quarter. Matisse Capital acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the fourth quarter valued at approximately $90,000. Raymond James Financial Services Advisors Inc. acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the fourth quarter valued at approximately $99,000. Finally, Advisor Resource Council acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the fourth quarter valued at approximately $135,000.

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.