Nations Financial Group Inc. IA ADV Sells 13,400 Shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

Nations Financial Group Inc. IA ADV lowered its position in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 15.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 73,600 shares of the investment management company’s stock after selling 13,400 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $371,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Ironsides Asset Advisors LLC increased its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 9.8% during the 1st quarter. Ironsides Asset Advisors LLC now owns 37,017 shares of the investment management company’s stock valued at $176,000 after purchasing an additional 3,313 shares in the last quarter. Bridge Advisory LLC lifted its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 4.6% during the second quarter. Bridge Advisory LLC now owns 664,607 shares of the investment management company’s stock valued at $3,031,000 after purchasing an additional 29,483 shares during the last quarter. Shaker Financial Services LLC lifted its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 109.6% in the second quarter. Shaker Financial Services LLC now owns 145,672 shares of the investment management company’s stock worth $684,000 after buying an additional 76,165 shares in the last quarter. Private Advisor Group LLC lifted its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 8.1% in the second quarter. Private Advisor Group LLC now owns 151,050 shares of the investment management company’s stock worth $689,000 after buying an additional 11,300 shares in the last quarter. Finally, Pinkerton Retirement Specialists LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the second quarter worth about $71,000.

Morgan Stanley Emerging Markets Domestic Debt Fund Price Performance

Shares of Morgan Stanley Emerging Markets Domestic Debt Fund stock opened at $4.60 on Friday. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 12-month low of $4.42 and a 12-month high of $5.20. The company’s 50-day moving average price is $4.90 and its 200-day moving average price is $4.82.

Morgan Stanley Emerging Markets Domestic Debt Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 11.74%. The ex-dividend date 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.