Morgan Stanley Emerging Markets Domestic Debt Fund (NYSE:EDD) Stock Price Crosses Below 200-Day Moving Average of $4.62

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.62 and traded as low as $4.50. Morgan Stanley Emerging Markets Domestic Debt Fund shares last traded at $4.52, with a volume of 405,467 shares.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Performance

The business’s 50-day moving average is $4.71 and its 200-day moving average is $4.63.

Morgan Stanley Emerging Markets Domestic Debt Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were given a $0.09 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.02%.

Institutional Investors Weigh In On Morgan Stanley Emerging Markets Domestic Debt Fund

Large investors have recently bought and sold shares of the company. Bridge Advisory LLC increased its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 31.8% in the first quarter. Bridge Advisory LLC now owns 635,124 shares of the investment management company’s stock worth $3,017,000 after acquiring an additional 153,121 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the fourth quarter worth about $61,000. B. Riley Wealth Advisors Inc. raised its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 4.1% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 98,466 shares of the investment management company’s stock valued at $468,000 after purchasing an additional 3,837 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter valued at approximately $61,000. Finally, Bulldog Investors LLP boosted its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 6.1% during the fourth quarter. Bulldog Investors LLP now owns 162,390 shares of the investment management company’s stock worth $757,000 after purchasing an additional 9,380 shares during the last quarter.

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.