GraniteShares Advisors LLC Invests $2.48 Million in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

GraniteShares Advisors LLC purchased a new position in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 322,258 shares of the company’s stock, valued at approximately $2,481,000. Morgan Stanley Emerging Markets Debt Fund makes up about 1.6% of GraniteShares Advisors LLC’s investment portfolio, making the stock its 12th biggest holding.

A number of other hedge funds have also made changes to their positions in the stock. IFP Advisors Inc bought a new position in Morgan Stanley Emerging Markets Debt Fund during the fourth quarter valued at approximately $31,000. Dynamic Advisor Solutions LLC raised its position in Morgan Stanley Emerging Markets Debt Fund by 21.2% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 35,000 shares of the company’s stock valued at $269,000 after acquiring an additional 6,112 shares in the last quarter. Kovack Advisors Inc. raised its position in Morgan Stanley Emerging Markets Debt Fund by 29.3% during the third quarter. Kovack Advisors Inc. now owns 38,549 shares of the company’s stock valued at $306,000 after acquiring an additional 8,742 shares in the last quarter. Avidian Wealth Enterprises LLC bought a new position in Morgan Stanley Emerging Markets Debt Fund during the third quarter valued at approximately $115,000. Finally, Jane Street Group LLC bought a new position in Morgan Stanley Emerging Markets Debt Fund during the third quarter valued at approximately $136,000.

Morgan Stanley Emerging Markets Debt Fund Stock Up 0.5 %

Shares of MSD opened at $8.17 on Wednesday. The firm’s 50 day moving average price is $7.85 and its 200 day moving average price is $7.80. Morgan Stanley Emerging Markets Debt Fund, Inc. has a twelve month low of $6.86 and a twelve month high of $8.21.

Morgan Stanley Emerging Markets Debt Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a yield of 12.97%. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from Morgan Stanley Emerging Markets Debt Fund’s previous quarterly dividend of $0.22.

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.