Evergreen Capital Management LLC Buys 237,111 Shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

Evergreen Capital Management LLC grew its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 9.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,687,281 shares of the investment management company’s stock after purchasing an additional 237,111 shares during the period. Evergreen Capital Management LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $12,616,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Nomura Holdings Inc. bought a new position in Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter worth approximately $61,000. Pinkerton Retirement Specialists LLC acquired a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund in the 2nd quarter valued at $71,000. 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. Accuvest Global Advisors bought a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund during the 4th quarter valued at $355,000. Finally, Moors & Cabot Inc. raised its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 13.4% during the second quarter. Moors & Cabot Inc. now owns 85,359 shares of the investment management company’s stock worth $389,000 after buying an additional 10,116 shares during the last quarter.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Performance

Shares of NYSE EDD opened at $5.06 on Monday. The company has a 50-day moving average price of $4.90 and a 200-day moving average price of $4.76. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 1 year low of $4.22 and a 1 year high of $5.07.

Morgan Stanley Emerging Markets Domestic Debt Fund Company 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.