HighTower Advisors LLC Sells 146,478 Shares of Morgan Stanley Emerging Markets Domestic (EDD)

HighTower Advisors LLC reduced its holdings in Morgan Stanley Emerging Markets Domestic (NYSE:EDD) by 78.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 40,272 shares of the investment management company’s stock after selling 146,478 shares during the quarter. HighTower Advisors LLC’s holdings in Morgan Stanley Emerging Markets Domestic were worth $320,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Doliver Capital Advisors LP acquired a new position in Morgan Stanley Emerging Markets Domestic in the 2nd quarter valued at approximately $529,000. Advisor Group Inc. increased its position in Morgan Stanley Emerging Markets Domestic by 1.3% in the 2nd quarter. Advisor Group Inc. now owns 29,258 shares of the investment management company’s stock valued at $232,000 after acquiring an additional 385 shares during the period. MML Investors Services LLC increased its position in Morgan Stanley Emerging Markets Domestic by 14.2% in the 2nd quarter. MML Investors Services LLC now owns 16,631 shares of the investment management company’s stock valued at $132,000 after acquiring an additional 2,070 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in Morgan Stanley Emerging Markets Domestic by 22.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 174,700 shares of the investment management company’s stock valued at $1,385,000 after acquiring an additional 31,690 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new position in Morgan Stanley Emerging Markets Domestic in the 2nd quarter valued at approximately $150,000.

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Morgan Stanley Emerging Markets Domestic (NYSE EDD) opened at 8.02 on Friday. The firm has a 50-day moving average of $8.12 and a 200 day moving average of $8.06. Morgan Stanley Emerging Markets Domestic has a 12 month low of $6.94 and a 12 month high of $8.37.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 13th. Stockholders of record on Friday, September 29th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.48%.

Morgan Stanley Emerging Markets Domestic Profile

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. Its secondary investment objective is of long-term capital appreciation. The Fund invests approximately 80% of its managed assets in emerging markets domestic debt.

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Institutional Ownership by Quarter for Morgan Stanley Emerging Markets Domestic (NYSE:EDD)

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