Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) Shares Sold by Alexander Randolph Advisory Inc.

Alexander Randolph Advisory Inc. cut its stake in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,488,307 shares of the investment management company’s stock after selling 9,958 shares during the quarter. Morgan Stanley Emerging Markets Domestic Debt Fund accounts for about 6.3% of Alexander Randolph Advisory Inc.’s portfolio, making the stock its 4th biggest position. Alexander Randolph Advisory Inc.’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $6,757,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Private Advisor Group LLC raised its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 18.5% in the 4th quarter. Private Advisor Group LLC now owns 185,084 shares of the investment management company’s stock valued at $840,000 after buying an additional 28,834 shares during the last quarter. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the 4th quarter worth $48,000. Sanctuary Advisors LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the third quarter valued at about $46,000. Virtu Financial LLC bought a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the third quarter valued at about $72,000. Finally, Jane Street Group LLC purchased a new position in Morgan Stanley Emerging Markets Domestic Debt Fund during the third quarter worth about $130,000.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Up 0.7 %

Shares of EDD stock opened at $4.82 on Friday. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 52-week low of $4.34 and a 52-week high of $5.20. The company has a 50-day simple moving average of $4.59 and a two-hundred day simple moving average of $4.76.

Morgan Stanley Emerging Markets Domestic Debt Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a $0.16 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from Morgan Stanley Emerging Markets Domestic Debt Fund’s previous quarterly dividend of $0.14. This represents a $0.64 annualized dividend and a dividend yield of 13.29%.

Morgan Stanley Emerging Markets Domestic Debt Fund Company Profile

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc is a closed ended fixed income mutual fund launched and managed by Morgan Stanley Investment Management Inc The fund invests in fixed income markets of emerging market countries across the globe. It typically invests in government bonds denominated in the local currencies of emerging markets.