Morgan Stanley China A Share Fund, Inc. $CAF Shares Sold by Lazard Asset Management LLC

Lazard Asset Management LLC decreased its holdings in shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) by 18.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,928,512 shares of the investment management company’s stock after selling 441,484 shares during the quarter. Lazard Asset Management LLC’s holdings in Morgan Stanley China A Share Fund were worth $33,749,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of CAF. Allspring Global Investments Holdings LLC raised its position in shares of Morgan Stanley China A Share Fund by 10.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,847,716 shares of the investment management company’s stock valued at $32,335,000 after buying an additional 172,697 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in Morgan Stanley China A Share Fund by 11.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 755,912 shares of the investment management company’s stock worth $13,123,000 after acquiring an additional 77,944 shares during the last quarter. Saba Capital Management L.P. grew its stake in Morgan Stanley China A Share Fund by 130.9% during the 4th quarter. Saba Capital Management L.P. now owns 634,953 shares of the investment management company’s stock valued at $11,023,000 after acquiring an additional 359,942 shares in the last quarter. Sculptor Capital LP purchased a new stake in Morgan Stanley China A Share Fund during the 1st quarter valued at about $1,834,000. Finally, Cohen & Steers Inc. raised its holdings in Morgan Stanley China A Share Fund by 67.6% in the 4th quarter. Cohen & Steers Inc. now owns 62,000 shares of the investment management company’s stock valued at $1,076,000 after acquiring an additional 25,000 shares during the last quarter.

Morgan Stanley China A Share Fund Trading Down 2.2%

CAF stock opened at $19.60 on Wednesday. The firm has a 50-day moving average of $20.11 and a two-hundred day moving average of $18.79. Morgan Stanley China A Share Fund, Inc. has a 12 month low of $13.71 and a 12 month high of $21.41.

Morgan Stanley China A Share Fund Profile

The Morgan Stanley China A Share Fund (NYSE: CAF) is a closed-end investment fund designed to provide U.S. investors with direct exposure to China A-share equities. Primarily focused on mainland China’s onshore stock market, the fund seeks total return through capital appreciation and current income by investing in a diversified portfolio of common stocks, depositary receipts, warrants and other equity-related securities of issuers domiciled in or conducting the majority of their business operations in China.

Launched in the mid-2000s, the fund was established to capitalize on China’s gradual opening of its domestic equity markets to foreign investors.