Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC decreased its stake in shares of Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) by 20.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 324,393 shares of the company’s stock after selling 85,747 shares during the quarter. Allspring Global Investments Holdings LLC owned about 3.31% of Morgan Stanley India Investment Fund worth $8,197,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stifel Financial Corp grew its holdings in Morgan Stanley India Investment Fund by 5.5% in the third quarter. Stifel Financial Corp now owns 65,506 shares of the company’s stock valued at $1,970,000 after purchasing an additional 3,411 shares during the period. Sanctuary Advisors LLC acquired a new stake in Morgan Stanley India Investment Fund in the 3rd quarter valued at $224,000. HighTower Advisors LLC purchased a new stake in Morgan Stanley India Investment Fund in the 3rd quarter worth $248,000. Finally, Public Employees Retirement System of Ohio acquired a new position in Morgan Stanley India Investment Fund during the third quarter worth $5,052,000. Hedge funds and other institutional investors own 36.96% of the company’s stock.

Morgan Stanley India Investment Fund Stock Up 0.2 %

IIF opened at $23.72 on Wednesday. The firm’s fifty day simple moving average is $25.07 and its two-hundred day simple moving average is $27.06. Morgan Stanley India Investment Fund, Inc. has a 52-week low of $22.38 and a 52-week high of $30.41.

Morgan Stanley India Investment Fund Cuts Dividend

The company also recently declared a — dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a dividend of $2.6969 per share. The ex-dividend date was 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.