Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Stock Passes Below 50 Day Moving Average of $5.42

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDFGet Free Report)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $5.42 and traded as low as $5.40. Virtus Stone Harbor Emerging Markets Income Fund shares last traded at $5.46, with a volume of 115,531 shares changing hands.

Virtus Stone Harbor Emerging Markets Income Fund Stock Down 1.5 %

The stock has a fifty day moving average of $5.43 and a 200-day moving average of $4.94.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 30th. Investors of record on Thursday, July 11th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, July 11th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 13.53%.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James & Associates acquired a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter worth about $45,000. J.W. Cole Advisors Inc. acquired a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter worth about $53,000. M3 Advisory Group LLC acquired a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter worth about $61,000. Atria Wealth Solutions Inc. acquired a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter worth about $64,000. Finally, CoreCap Advisors LLC acquired a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter worth about $86,000.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

(Get Free Report)

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.

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