Comerica Bank Acquires 6,010 Shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

Comerica Bank grew its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 26.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 28,970 shares of the investment management company’s stock after acquiring an additional 6,010 shares during the period. Comerica Bank’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $132,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of EDD. U.S. Capital Wealth Advisors LLC acquired a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the fourth quarter valued at about $48,000. Private Advisor Group LLC raised its position in 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 worth $840,000 after acquiring an additional 28,834 shares during the period. GraniteShares Advisors LLC bought a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter worth about $2,493,000. Raymond James Financial Inc. purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the 4th quarter valued at approximately $2,204,000. Finally, One Capital Management LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the 4th quarter valued at approximately $46,000.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Up 1.1%

Morgan Stanley Emerging Markets Domestic Debt Fund stock opened at $4.92 on Monday. The firm’s 50 day simple moving average is $4.73 and its 200 day simple moving average is $4.68. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 1-year low of $4.28 and a 1-year high of $5.20.

Morgan Stanley Emerging Markets Domestic Debt Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.16 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 13.02%.

Morgan Stanley Emerging Markets Domestic Debt Fund Profile

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.