Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Stock Price Crosses Below Two Hundred Day Moving Average of $8.04

Aberdeen Total Dynamic Dividend Fund (NYSE:AODGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.04 and traded as low as $7.30. Aberdeen Total Dynamic Dividend Fund shares last traded at $7.32, with a volume of 363,966 shares changing hands.

Aberdeen Total Dynamic Dividend Fund Price Performance

The firm has a 50-day moving average of $7.77 and a 200 day moving average of $8.04.

Aberdeen Total Dynamic Dividend Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 24th will be given a dividend of $0.0575 per share. This represents a $0.69 annualized dividend and a dividend yield of 9.43%. The ex-dividend date of this dividend is Monday, October 23rd.

Hedge Funds Weigh In On Aberdeen Total Dynamic Dividend Fund

Several hedge funds have recently modified their holdings of the company. Imprint Wealth LLC acquired a new position in shares of Aberdeen Total Dynamic Dividend Fund during the 2nd quarter valued at $2,693,000. Walleye Capital LLC acquired a new stake in Aberdeen Total Dynamic Dividend Fund during the second quarter valued at $130,000. Royal Bank of Canada boosted its position in Aberdeen Total Dynamic Dividend Fund by 3.3% during the second quarter. Royal Bank of Canada now owns 586,867 shares of the investment management company’s stock valued at $4,848,000 after purchasing an additional 18,487 shares during the last quarter. Stifel Financial Corp boosted its position in Aberdeen Total Dynamic Dividend Fund by 1.7% during the second quarter. Stifel Financial Corp now owns 220,542 shares of the investment management company’s stock valued at $1,822,000 after purchasing an additional 3,748 shares during the last quarter. Finally, Boothbay Fund Management LLC acquired a new stake in Aberdeen Total Dynamic Dividend Fund during the second quarter valued at $889,000.

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