Sanctuary Advisors LLC Takes $137,000 Position in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

Sanctuary Advisors LLC bought a new position in shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,620 shares of the company’s stock, valued at approximately $137,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. increased its stake in Morgan Stanley Emerging Markets Debt Fund by 66.7% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 20,000 shares of the company’s stock valued at $147,000 after buying an additional 8,000 shares during the period. Wealthspire Advisors LLC acquired a new position in shares of Morgan Stanley Emerging Markets Debt Fund during the second quarter worth about $74,000. Valeo Financial Advisors LLC purchased a new position in Morgan Stanley Emerging Markets Debt Fund during the second quarter worth about $99,000. Finally, Dynamic Advisor Solutions LLC lifted its position in Morgan Stanley Emerging Markets Debt Fund by 21.8% in the second quarter. Dynamic Advisor Solutions LLC now owns 17,099 shares of the company’s stock valued at $126,000 after purchasing an additional 3,058 shares during the period.

Morgan Stanley Emerging Markets Debt Fund Stock Up 1.0 %

Shares of MSD opened at $7.74 on Tuesday. The stock’s 50 day moving average is $7.81 and its two-hundred day moving average is $7.48. Morgan Stanley Emerging Markets Debt Fund, Inc. has a twelve month low of $6.11 and a twelve month high of $8.21.

Morgan Stanley Emerging Markets Debt Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 11.38%. The ex-dividend date of this dividend was Monday, September 30th.

Morgan Stanley Emerging Markets Debt Fund Company Profile

Morgan Stanley Emerging Markets Debt Fund, Inc is a closed ended fixed income 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 primarily invests in debt securities of government and government-related issuers, of entities organized to restructure outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries.