HighTower Advisors LLC Sells 5,319 Shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

HighTower Advisors LLC decreased its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 279,343 shares of the investment management company’s stock after selling 5,319 shares during the period. HighTower Advisors LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $1,268,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in EDD. Sanctuary Advisors LLC bought a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the 3rd quarter valued at $46,000. Jane Street Group LLC purchased a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund in the 3rd quarter worth $130,000. GraniteShares Advisors LLC bought a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund during the fourth quarter valued at about $2,493,000. Independent Advisor Alliance purchased a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter valued at about $117,000. Finally, Private Advisor Group LLC lifted its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 18.5% in the fourth quarter. Private Advisor Group LLC now owns 185,084 shares of the investment management company’s stock valued at $840,000 after acquiring an additional 28,834 shares in the last quarter.

Morgan Stanley Emerging Markets Domestic Debt Fund Trading Up 0.8 %

NYSE:EDD opened at $4.86 on Wednesday. The stock has a 50-day moving average price of $4.75 and a 200 day moving average price of $4.74. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 13.17%. The ex-dividend date is Monday, March 31st.

About Morgan Stanley Emerging Markets Domestic Debt Fund

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.