Whipplewood Advisors LLC Invests $2.19 Million in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

Whipplewood Advisors LLC bought a new stake in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 283,909 shares of the company’s stock, valued at approximately $2,186,000. Morgan Stanley Emerging Markets Debt Fund accounts for about 1.2% of Whipplewood Advisors LLC’s portfolio, making the stock its 17th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC acquired a new position in Morgan Stanley Emerging Markets Debt Fund in the 3rd quarter worth approximately $115,000. Kovack Advisors Inc. increased its holdings in Morgan Stanley Emerging Markets Debt Fund by 29.3% in the third quarter. Kovack Advisors Inc. now owns 38,549 shares of the company’s stock valued at $306,000 after buying an additional 8,742 shares in the last quarter. IHT Wealth Management LLC raised its position in shares of Morgan Stanley Emerging Markets Debt Fund by 96.9% in the third quarter. IHT Wealth Management LLC now owns 94,300 shares of the company’s stock worth $748,000 after acquiring an additional 46,400 shares during the period. Jane Street Group LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Debt Fund during the 3rd quarter worth about $136,000. Finally, Dynamic Advisor Solutions LLC boosted its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 21.2% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 35,000 shares of the company’s stock worth $269,000 after acquiring an additional 6,112 shares in the last quarter.

Morgan Stanley Emerging Markets Debt Fund Stock Performance

Shares of Morgan Stanley Emerging Markets Debt Fund stock opened at $8.19 on Thursday. Morgan Stanley Emerging Markets Debt Fund, Inc. has a twelve month low of $6.86 and a twelve month high of $8.21. The business has a 50-day moving average price of $7.86 and a 200 day moving average price of $7.80.

Morgan Stanley Emerging Markets Debt Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a $0.265 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.06 dividend on an annualized basis and a yield of 12.95%. This is a boost from Morgan Stanley Emerging Markets Debt Fund’s previous quarterly dividend of $0.22.

About Morgan Stanley Emerging Markets Debt Fund

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.