Jane Street Group LLC Takes Position in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

Jane Street Group LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 25,739 shares of the investment management company’s stock, valued at approximately $130,000.

Several other institutional investors and hedge funds have also recently modified their holdings of EDD. Northwestern Mutual Wealth Management Co. boosted its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 330.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,615 shares of the investment management company’s stock valued at $39,000 after acquiring an additional 6,615 shares during the last quarter. OneDigital Investment Advisors LLC acquired a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the 3rd quarter valued at about $164,000. Avior Wealth Management LLC lifted its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 15.8% in the third quarter. Avior Wealth Management LLC now owns 58,813 shares of the investment management company’s stock valued at $296,000 after buying an additional 8,018 shares during the last quarter. Moors & Cabot Inc. lifted its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 13.4% in the second quarter. Moors & Cabot Inc. now owns 85,359 shares of the investment management company’s stock valued at $389,000 after buying an additional 10,116 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. lifted its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 9.7% in the second quarter. Pekin Hardy Strauss Inc. now owns 124,000 shares of the investment management company’s stock valued at $565,000 after buying an additional 11,000 shares during the last quarter.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Down 0.5 %

NYSE EDD opened at $4.41 on Tuesday. The firm’s 50-day moving average is $4.58 and its two-hundred day moving average is $4.78. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 12 month low of $4.34 and a 12 month high of $5.20.

Morgan Stanley Emerging Markets Domestic Debt Fund Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be given a $0.16 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.64 dividend on an annualized basis and a yield of 14.51%. This is a boost from Morgan Stanley Emerging Markets Domestic Debt Fund’s previous quarterly dividend of $0.14.

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.