Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. $EDD Shares Sold by GM Advisory Group LLC

GM Advisory Group LLC lowered its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 32.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,920 shares of the investment management company’s stock after selling 9,140 shares during the period. GM Advisory Group LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $97,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in EDD. Penserra Capital Management LLC grew its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 3.0% in the second quarter. Penserra Capital Management LLC now owns 1,767,917 shares of the investment management company’s stock worth $9,051,000 after acquiring an additional 52,258 shares during the period. GraniteShares Advisors LLC grew its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 6.7% during the 2nd quarter. GraniteShares Advisors LLC now owns 623,608 shares of the investment management company’s stock worth $3,193,000 after purchasing an additional 38,973 shares during the period. Shaker Financial Services LLC grew its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 152.5% during the 2nd quarter. Shaker Financial Services LLC now owns 228,932 shares of the investment management company’s stock worth $1,200,000 after purchasing an additional 138,283 shares during the period. Royal Bank of Canada increased its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 1.9% during the 1st quarter. Royal Bank of Canada now owns 184,201 shares of the investment management company’s stock worth $866,000 after purchasing an additional 3,503 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. raised its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 22.7% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 156,408 shares of the investment management company’s stock valued at $801,000 after buying an additional 28,908 shares during the period.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Up 1.0%

NYSE EDD opened at $5.48 on Friday. The firm’s 50-day moving average is $5.37 and its two-hundred day moving average is $5.23. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 12 month low of $4.28 and a 12 month high of $5.69.

Morgan Stanley Emerging Markets Domestic Debt Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.8%.

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.