Pathstone Holdings LLC Increases Stake in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

Pathstone Holdings LLC increased its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 13.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,399,132 shares of the investment management company’s stock after purchasing an additional 527,452 shares during the quarter. Pathstone Holdings LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $22,174,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Evergreen Capital Management LLC increased its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 9.7% in the second quarter. Evergreen Capital Management LLC now owns 2,687,281 shares of the investment management company’s stock worth $12,616,000 after buying an additional 237,111 shares during the period. Raymond James & Associates grew its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 1.6% during the 3rd quarter. Raymond James & Associates now owns 898,515 shares of the investment management company’s stock worth $4,529,000 after acquiring an additional 14,311 shares during the last quarter. Bridge Advisory LLC increased its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 2.7% in the 3rd quarter. Bridge Advisory LLC now owns 682,472 shares of the investment management company’s stock worth $3,440,000 after purchasing an additional 17,865 shares during the period. Shaker Financial Services LLC lifted its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 58.8% in the third quarter. Shaker Financial Services LLC now owns 231,346 shares of the investment management company’s stock valued at $1,197,000 after purchasing an additional 85,674 shares during the last quarter. Finally, Private Advisor Group LLC boosted its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 3.4% during the third quarter. Private Advisor Group LLC now owns 156,250 shares of the investment management company’s stock valued at $788,000 after purchasing an additional 5,200 shares during the period.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Down 1.0 %

Shares of NYSE EDD opened at $4.66 on Wednesday. The firm’s fifty day moving average is $4.88 and its 200 day moving average is $4.82. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 52 week low of $4.42 and a 52 week high of $5.20.

Morgan Stanley Emerging Markets Domestic Debt Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 11.60%. The ex-dividend date was Monday, September 30th.

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.