Comerica Bank Grows Stock Holdings in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

Comerica Bank raised its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 26.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 28,970 shares of the investment management company’s stock after acquiring an additional 6,010 shares during the period. Comerica Bank’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $132,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EDD. One Capital Management LLC bought a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the fourth quarter worth $46,000. U.S. Capital Wealth Advisors LLC bought a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter worth about $48,000. Independent Advisor Alliance bought a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter worth about $117,000. Private Advisor Group LLC grew its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 18.5% during the 4th quarter. Private Advisor Group LLC now owns 185,084 shares of the investment management company’s stock worth $840,000 after acquiring an additional 28,834 shares in the last quarter. Finally, Rockefeller Capital Management L.P. bought a new position in Morgan Stanley Emerging Markets Domestic Debt Fund during the 4th quarter worth about $2,124,000.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Performance

NYSE:EDD opened at $4.92 on Monday. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a fifty-two week low of $4.28 and a fifty-two week high of $5.20. The company’s 50-day simple moving average is $4.73 and its 200-day simple moving average is $4.68.

Morgan Stanley Emerging Markets Domestic Debt Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 13.02%. The ex-dividend date of this dividend was Monday, March 31st.

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.