Lazard Asset Management LLC cut its position in shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) by 24.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,090,215 shares of the investment management company’s stock after selling 1,007,967 shares during the quarter. Lazard Asset Management LLC’s holdings in Morgan Stanley China A Share Fund were worth $69,128,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Sigma Planning Corp purchased a new stake in Morgan Stanley China A Share Fund during the second quarter valued at about $221,000. CIBC World Markets Inc. purchased a new stake in Morgan Stanley China A Share Fund during the second quarter valued at about $292,000. Shaker Financial Services LLC purchased a new stake in Morgan Stanley China A Share Fund during the second quarter valued at about $338,000. First Trust Advisors LP purchased a new stake in Morgan Stanley China A Share Fund during the second quarter valued at about $385,000. Finally, Private Advisor Group LLC purchased a new stake in Morgan Stanley China A Share Fund during the second quarter valued at about $549,000.

Morgan Stanley China A Share Fund, Inc. (CAF) traded down 0.43% during mid-day trading on Tuesday, reaching $23.05. 26,872 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $22.43 and a 200-day moving average price of $21.04. Morgan Stanley China A Share Fund, Inc. has a 52 week low of $16.94 and a 52 week high of $24.70.

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Morgan Stanley China A Share Fund Company Profile

The Morgan Stanley China A Share Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek capital growth by investing, under normal circumstances, approximately 80% of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges.

Institutional Ownership by Quarter for Morgan Stanley China A Share Fund (NYSE:CAF)

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