Allspring Global Investments Holdings LLC increased its stake in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Free Report) by 10.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,847,716 shares of the investment management company’s stock after acquiring an additional 172,697 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Morgan Stanley China A Share Fund were worth $32,335,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Fifth Third Bancorp bought a new stake in Morgan Stanley China A Share Fund in the first quarter valued at $39,000. Osaic Holdings Inc. increased its position in Morgan Stanley China A Share Fund by 39.6% in the 2nd quarter. Osaic Holdings Inc. now owns 9,368 shares of the investment management company’s stock valued at $129,000 after buying an additional 2,658 shares in the last quarter. Cresset Asset Management LLC raised its stake in Morgan Stanley China A Share Fund by 10.4% during the 2nd quarter. Cresset Asset Management LLC now owns 11,040 shares of the investment management company’s stock worth $152,000 after buying an additional 1,040 shares during the period. Susquehanna International Group LLP boosted its holdings in Morgan Stanley China A Share Fund by 17.7% in the third quarter. Susquehanna International Group LLP now owns 13,966 shares of the investment management company’s stock worth $233,000 after acquiring an additional 2,105 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in Morgan Stanley China A Share Fund by 73.9% in the fourth quarter. Royal Bank of Canada now owns 24,802 shares of the investment management company’s stock valued at $430,000 after acquiring an additional 10,543 shares during the period.
Morgan Stanley China A Share Fund Stock Performance
NYSE CAF opened at $19.54 on Monday. Morgan Stanley China A Share Fund, Inc. has a 52 week low of $13.71 and a 52 week high of $21.41. The business has a 50 day moving average price of $20.09 and a 200-day moving average price of $18.68.
Morgan Stanley China A Share Fund Profile
The Morgan Stanley China A Share Fund (NYSE: CAF) is a closed-end investment fund designed to provide U.S. investors with direct exposure to China A-share equities. Primarily focused on mainland China’s onshore stock market, the fund seeks total return through capital appreciation and current income by investing in a diversified portfolio of common stocks, depositary receipts, warrants and other equity-related securities of issuers domiciled in or conducting the majority of their business operations in China.
Launched in the mid-2000s, the fund was established to capitalize on China’s gradual opening of its domestic equity markets to foreign investors.
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