Valeo Financial Advisors LLC acquired a new position in shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD – Free Report) during the second quarter, Holdings Channel reports. The institutional investor acquired 13,500 shares of the company’s stock, valued at approximately $99,000.
Separately, Cullen Frost Bankers Inc. increased its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 50.0% during the fourth quarter. Cullen Frost Bankers Inc. now owns 12,000 shares of the company’s stock worth $83,000 after purchasing an additional 4,000 shares in the last quarter.
Morgan Stanley Emerging Markets Debt Fund Price Performance
Shares of MSD remained flat at $7.58 during mid-day trading on Friday. 10,013 shares of the company traded hands, compared to its average volume of 71,354. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 52-week low of $6.11 and a 52-week high of $7.78. The firm’s fifty day simple moving average is $7.47 and its 200 day simple moving average is $7.24.
Morgan Stanley Emerging Markets Debt Fund Dividend Announcement
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.
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Want to see what other hedge funds are holding MSD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD – Free Report).
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