Pathstone Holdings LLC Buys 527,452 Shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

Pathstone Holdings LLC increased its stake in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 13.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 4,399,132 shares of the investment management company’s stock after acquiring an additional 527,452 shares during the period. Pathstone Holdings LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $22,174,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of EDD. Private Advisor Group LLC raised its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 3.4% in the third quarter. Private Advisor Group LLC now owns 156,250 shares of the investment management company’s stock worth $788,000 after purchasing an additional 5,200 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 330.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,615 shares of the investment management company’s stock worth $39,000 after buying an additional 6,615 shares during the period. Moors & Cabot Inc. increased its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 13.4% in the 2nd quarter. Moors & Cabot Inc. now owns 85,359 shares of the investment management company’s stock worth $389,000 after acquiring an additional 10,116 shares in the last quarter. Pekin Hardy Strauss Inc. lifted its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 9.7% during the 2nd quarter. Pekin Hardy Strauss Inc. now owns 124,000 shares of the investment management company’s stock valued at $565,000 after acquiring an additional 11,000 shares during the period. Finally, Raymond James & Associates boosted its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 1.6% during the third quarter. Raymond James & Associates now owns 898,515 shares of the investment management company’s stock worth $4,529,000 after acquiring an additional 14,311 shares in the last quarter.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Performance

Shares of EDD opened at $4.66 on Wednesday. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a fifty-two week low of $4.42 and a fifty-two week high of $5.20. The firm’s 50-day simple moving average is $4.88 and its two-hundred day simple moving average is $4.82.

Morgan Stanley Emerging Markets Domestic Debt Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a yield of 11.60%. The ex-dividend date of this dividend was Monday, September 30th.

Morgan Stanley Emerging Markets Domestic Debt Fund 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.