Rareview Capital LLC Decreases Stock Position in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. $EDD

Rareview Capital LLC lessened its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 9.3% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 620,755 shares of the investment management company’s stock after selling 63,832 shares during the quarter. Morgan Stanley Emerging Markets Domestic Debt Fund makes up approximately 2.0% of Rareview Capital LLC’s investment portfolio, making the stock its 11th biggest holding. Rareview Capital LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $3,178,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Cresset Asset Management LLC raised its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 3.5% during the 1st quarter. Cresset Asset Management LLC now owns 88,656 shares of the investment management company’s stock valued at $431,000 after buying an additional 3,004 shares during the period. NewEdge Advisors LLC increased its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 7.3% in the first quarter. NewEdge Advisors LLC now owns 50,392 shares of the investment management company’s stock worth $237,000 after purchasing an additional 3,442 shares during the period. Royal Bank of Canada increased its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 1.9% in the first 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 period. Private Advisor Group LLC increased its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 4.9% in the first quarter. Private Advisor Group LLC now owns 194,100 shares of the investment management company’s stock worth $912,000 after purchasing an additional 9,016 shares during the period. Finally, Accredited Investor Services LLC purchased a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund in the second quarter worth $53,000.

Morgan Stanley Emerging Markets Domestic Debt Fund Trading Down 0.4%

EDD stock opened at $5.35 on Tuesday. The business’s fifty day simple moving average is $5.38 and its two-hundred day simple moving average is $5.17. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a twelve month low of $4.28 and a twelve 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 yield of 9.0%.

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.