Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Stake Boosted by HighTower Advisors LLC

HighTower Advisors LLC boosted its holdings in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) by 8.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,881 shares of the investment management company’s stock after purchasing an additional 1,031 shares during the quarter. HighTower Advisors LLC’s holdings in Morgan Stanley China A Share Fund were worth $186,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in CAF. Shaker Financial Services LLC lifted its position in shares of Morgan Stanley China A Share Fund by 6.8% in the 3rd quarter. Shaker Financial Services LLC now owns 31,088 shares of the investment management company’s stock worth $421,000 after buying an additional 1,987 shares during the last quarter. City of London Investment Management Co. Ltd. lifted its holdings in Morgan Stanley China A Share Fund by 5.2% in the second quarter. City of London Investment Management Co. Ltd. now owns 5,946,342 shares of the investment management company’s stock worth $69,870,000 after acquiring an additional 294,810 shares during the last quarter. Wolverine Asset Management LLC boosted its stake in Morgan Stanley China A Share Fund by 18.4% in the second quarter. Wolverine Asset Management LLC now owns 58,930 shares of the investment management company’s stock valued at $692,000 after acquiring an additional 9,165 shares during the period. Matisse Capital grew its holdings in shares of Morgan Stanley China A Share Fund by 39.9% during the second quarter. Matisse Capital now owns 184,997 shares of the investment management company’s stock valued at $2,174,000 after purchasing an additional 52,750 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Morgan Stanley China A Share Fund by 1.9% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,585,829 shares of the investment management company’s stock worth $30,383,000 after purchasing an additional 49,057 shares during the period.

Morgan Stanley China A Share Fund Price Performance

Shares of NYSE CAF opened at $12.59 on Thursday. Morgan Stanley China A Share Fund, Inc. has a 12-month low of $11.00 and a 12-month high of $16.11. The stock’s 50 day simple moving average is $12.83 and its 200 day simple moving average is $12.26.

Morgan Stanley China A Share Fund Increases Dividend

The business also recently announced an annual dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a $0.3272 dividend. This represents a yield of 1%. This is a boost from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12. The ex-dividend date of this dividend is Friday, December 13th.

Morgan Stanley China A Share Fund Profile

Morgan Stanley China A Share Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc It is co-managed by Morgan Stanley Investment Management Company. The fund invests in the public equity markets of China. It seeks to invest in the stocks of companies operating across diversified sectors.