11,195 Shares in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. $EDD Acquired by EP Wealth Advisors LLC

EP Wealth Advisors LLC acquired a new position in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 11,195 shares of the investment management company’s stock, valued at approximately $53,000.

A number of other large investors also recently bought and sold shares of the business. GM Advisory Group LLC purchased a new position in Morgan Stanley Emerging Markets Domestic Debt Fund in the first quarter worth $132,000. Comerica Bank grew its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 26.2% in the fourth quarter. Comerica Bank now owns 28,970 shares of the investment management company’s stock worth $132,000 after purchasing an additional 6,010 shares during the last quarter. LexAurum Advisors LLC purchased a new position in Morgan Stanley Emerging Markets Domestic Debt Fund in the first quarter worth $135,000. Wolverine Asset Management LLC purchased a new position in Morgan Stanley Emerging Markets Domestic Debt Fund in the first quarter worth $145,000. Finally, Avior Wealth Management LLC grew its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 4.8% in the first quarter. Avior Wealth Management LLC now owns 59,806 shares of the investment management company’s stock worth $281,000 after purchasing an additional 2,721 shares during the last quarter.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Down 1.3%

NYSE EDD opened at $5.39 on Thursday. The firm’s fifty day simple moving average is $5.22 and its two-hundred day simple moving average is $4.98. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 12-month low of $4.28 and a 12-month high of $5.48.

Morgan Stanley Emerging Markets Domestic Debt Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend was Monday, June 30th.

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.