Raymond James & Associates Lowers Position in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

Raymond James & Associates cut its holdings in shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) by 24.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 42,169 shares of the company’s stock after selling 13,619 shares during the period. Raymond James & Associates’ holdings in Morgan Stanley Emerging Markets Debt Fund were worth $293,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Daymark Wealth Partners LLC raised its position in shares of Morgan Stanley Emerging Markets Debt Fund by 27.1% in the 4th quarter. Daymark Wealth Partners LLC now owns 14,050 shares of the company’s stock worth $98,000 after acquiring an additional 3,000 shares in the last quarter. Fortitude Family Office LLC purchased a new position in shares of Morgan Stanley Emerging Markets Debt Fund in the 4th quarter worth approximately $97,000. Dynamic Advisor Solutions LLC raised its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 14.7% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 13,065 shares of the company’s stock worth $91,000 after acquiring an additional 1,679 shares in the last quarter. Rathbones Group PLC acquired a new stake in Morgan Stanley Emerging Markets Debt Fund in the third quarter valued at approximately $65,000. Finally, Advisor Partners II LLC acquired a new position in shares of Morgan Stanley Emerging Markets Debt Fund during the third quarter worth $1,920,000.

Morgan Stanley Emerging Markets Debt Fund Trading Up 0.9 %

Shares of MSD opened at $7.06 on Tuesday. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 12 month low of $6.11 and a 12 month high of $7.48. The stock has a fifty day moving average price of $7.17 and a 200-day moving average price of $6.88.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 11.90%. The ex-dividend date was Wednesday, March 27th.

Morgan Stanley Emerging Markets Debt Fund Company Profile

Morgan Stanley Emerging Markets Debt Fund, Inc is a closed ended fixed income 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 primarily invests in debt securities of government and government-related issuers, of entities organized to restructure outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries.