Morgan Stanley Emerging Markets Domestic Debt Fund (NYSE:EDD) Share Price Crosses Below 200 Day Moving Average of $4.62

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.62 and traded as low as $4.50. Morgan Stanley Emerging Markets Domestic Debt Fund shares last traded at $4.52, with a volume of 405,467 shares trading hands.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Down 0.7 %

The company has a fifty day moving average of $4.71 and a two-hundred day moving average of $4.62.

Morgan Stanley Emerging Markets Domestic Debt Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 7.96%. The ex-dividend date was Wednesday, March 27th.

Institutional Trading of Morgan Stanley Emerging Markets Domestic Debt Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Almitas Capital LLC increased its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 68.3% in the third quarter. Almitas Capital LLC now owns 548,796 shares of the investment management company’s stock valued at $2,338,000 after buying an additional 222,674 shares during the last quarter. Bridge Advisory LLC bought a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the fourth quarter valued at approximately $2,246,000. HighTower Advisors LLC grew its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 27.0% during the third quarter. HighTower Advisors LLC now owns 312,444 shares of the investment management company’s stock valued at $1,327,000 after purchasing an additional 66,339 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 33.2% during the fourth quarter. Raymond James & Associates now owns 1,498,408 shares of the investment management company’s stock valued at $6,983,000 after purchasing an additional 373,157 shares during the last quarter. Finally, Evergreen Capital Management LLC grew its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 157.4% during the third quarter. Evergreen Capital Management LLC now owns 616,129 shares of the investment management company’s stock valued at $2,680,000 after purchasing an additional 376,720 shares during the last quarter.

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.