Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Stock Crosses Above 50-Day Moving Average of $5.35

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $5.35 and traded as high as $5.57. Virtus Stone Harbor Emerging Markets Income Fund shares last traded at $5.57, with a volume of 36,430 shares.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

The stock’s 50-day moving average price is $5.35 and its 200 day moving average price is $4.75.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, June 13th will be paid a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 12.93%. The ex-dividend date is Thursday, June 13th.

Institutional Investors Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

Large investors have recently made changes to their positions in the stock. Raymond James Financial Services Advisors Inc. increased its position in Virtus Stone Harbor Emerging Markets Income Fund by 7.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 34,807 shares of the company’s stock worth $150,000 after purchasing an additional 2,307 shares during the last quarter. Arlington Capital Management Inc. grew its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 5.6% in the 1st quarter. Arlington Capital Management Inc. now owns 54,295 shares of the company’s stock valued at $294,000 after buying an additional 2,901 shares during the period. Dynamic Advisor Solutions LLC raised its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 3.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 131,277 shares of the company’s stock valued at $580,000 after buying an additional 4,598 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 77.8% in the first quarter. J.W. Cole Advisors Inc. now owns 21,665 shares of the company’s stock valued at $117,000 after acquiring an additional 9,483 shares during the last quarter. Finally, SFI Advisors LLC grew its position in Virtus Stone Harbor Emerging Markets Income Fund by 39.1% in the fourth quarter. SFI Advisors LLC now owns 35,713 shares of the company’s stock worth $154,000 after acquiring an additional 10,041 shares during the period.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

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.