HighTower Advisors LLC Purchases New Position in Morgan Stanley India Investment Fund, Inc. (NYSE:IIF)

HighTower Advisors LLC purchased a new position in shares of Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 8,230 shares of the company’s stock, valued at approximately $248,000. HighTower Advisors LLC owned approximately 0.08% of Morgan Stanley India Investment Fund at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IIF. Blue Bell Private Wealth Management LLC increased its position in shares of Morgan Stanley India Investment Fund by 23.3% during the second quarter. Blue Bell Private Wealth Management LLC now owns 7,283 shares of the company’s stock worth $195,000 after purchasing an additional 1,377 shares in the last quarter. Bank of Montreal Can boosted its stake in Morgan Stanley India Investment Fund by 18.9% during the 2nd quarter. Bank of Montreal Can now owns 29,560 shares of the company’s stock worth $791,000 after purchasing an additional 4,700 shares during the last quarter. Logan Stone Capital LLC purchased a new stake in shares of Morgan Stanley India Investment Fund during the second quarter worth $1,115,000. Almitas Capital LLC raised its position in shares of Morgan Stanley India Investment Fund by 2.3% in the second quarter. Almitas Capital LLC now owns 114,751 shares of the company’s stock valued at $3,070,000 after buying an additional 2,560 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Morgan Stanley India Investment Fund by 0.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 526,548 shares of the company’s stock worth $14,085,000 after buying an additional 2,000 shares in the last quarter. 36.96% of the stock is owned by institutional investors and hedge funds.

Morgan Stanley India Investment Fund Trading Up 0.5 %

Shares of Morgan Stanley India Investment Fund stock opened at $25.69 on Wednesday. The business’s 50 day moving average price is $27.79 and its 200 day moving average price is $27.59. Morgan Stanley India Investment Fund, Inc. has a one year low of $21.35 and a one year high of $30.41.

Morgan Stanley India Investment Fund Cuts Dividend

The business also recently announced a — dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be given a $2.6969 dividend. The ex-dividend date of this dividend is Friday, December 13th.

Morgan Stanley India Investment Fund Company Profile

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