IHT Wealth Management LLC Sells 46,400 Shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

IHT Wealth Management LLC reduced its holdings in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD - Free Report) by 49.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,900 shares of the company's stock after selling 46,400 shares during the quarter. IHT Wealth Management LLC's holdings in Morgan Stanley Emerging Markets Debt Fund were worth $369,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Jane Street Group LLC purchased a new stake in Morgan Stanley Emerging Markets Debt Fund in the third quarter valued at approximately $136,000. Wealthstar Advisors LLC bought a new stake in shares of Morgan Stanley Emerging Markets Debt Fund during the 4th quarter worth $646,000. Jones Financial Companies Lllp grew its position in Morgan Stanley Emerging Markets Debt Fund by 74.8% in the fourth quarter. Jones Financial Companies Lllp now owns 10,400 shares of the company's stock worth $80,000 after acquiring an additional 4,450 shares in the last quarter. Dynamic Advisor Solutions LLC increased its stake in Morgan Stanley Emerging Markets Debt Fund by 21.2% in 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 during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Morgan Stanley Emerging Markets Debt Fund during the fourth quarter valued at about $551,000.

Morgan Stanley Emerging Markets Debt Fund Price Performance

Shares of MSD traded down $0.04 during midday trading on Friday, reaching $7.63. The stock had a trading volume of 40,730 shares, compared to its average volume of 80,722. The company's 50-day moving average is $7.82 and its 200 day moving average is $7.80. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 12-month low of $6.91 and a 12-month high of $8.32.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 11.53%. The ex-dividend date of this dividend was Monday, March 31st.

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.