Wolverine Asset Management LLC Buys 39,075 Shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF)

Wolverine Asset Management LLC raised its stake in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) by 88.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 83,378 shares of the investment management company’s stock after purchasing an additional 39,075 shares during the quarter. Wolverine Asset Management LLC’s holdings in Morgan Stanley China A Share Fund were worth $1,039,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Calamos Advisors LLC bought a new stake in Morgan Stanley China A Share Fund in the fourth quarter valued at approximately $140,000. HighTower Advisors LLC raised its holdings in shares of Morgan Stanley China A Share Fund by 8.0% during the third quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock valued at $186,000 after acquiring an additional 1,031 shares in the last quarter. Dakota Wealth Management raised its holdings in shares of Morgan Stanley China A Share Fund by 4.2% during the fourth quarter. Dakota Wealth Management now owns 20,614 shares of the investment management company’s stock valued at $257,000 after acquiring an additional 840 shares in the last quarter. Shaker Financial Services LLC raised its holdings in shares of Morgan Stanley China A Share Fund by 6.8% during the third quarter. Shaker Financial Services LLC now owns 31,088 shares of the investment management company’s stock valued at $421,000 after acquiring an additional 1,987 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Morgan Stanley China A Share Fund during the third quarter valued at approximately $9,304,000.

Morgan Stanley China A Share Fund Stock Performance

Shares of Morgan Stanley China A Share Fund stock opened at $12.95 on Friday. The business has a 50 day moving average of $12.50 and a 200 day moving average of $12.51. Morgan Stanley China A Share Fund, Inc. has a 52 week low of $11.00 and a 52 week high of $16.11.

Morgan Stanley China A Share Fund Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a dividend of $0.3272 per share. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Friday, December 13th. This is an increase from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12.

About Morgan Stanley China A Share Fund

Morgan Stanley China A Share Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc It is co-managed by Morgan Stanley Investment Management Company. The fund invests in the public equity markets of China. It seeks to invest in the stocks of companies operating across diversified sectors.