Saba Capital Management L.P. decreased its stake in Morgan Stanley Emerging Markets Domestic (NYSE:EDD) by 72.5% in the 2nd quarter, Holdings Channel reports. The firm owned 32,545 shares of the investment management company’s stock after selling 85,800 shares during the quarter. Saba Capital Management L.P.’s holdings in Morgan Stanley Emerging Markets Domestic were worth $218,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Wells Fargo & Company MN raised its stake in shares of Morgan Stanley Emerging Markets Domestic by 9.1% during the first quarter. Wells Fargo & Company MN now owns 879,431 shares of the investment management company’s stock valued at $6,878,000 after acquiring an additional 73,103 shares during the last quarter. City of London Investment Management Co. Ltd. bought a new position in shares of Morgan Stanley Emerging Markets Domestic during the first quarter valued at $6,291,000. NINE MASTS CAPITAL Ltd bought a new position in shares of Morgan Stanley Emerging Markets Domestic during the first quarter valued at $659,000. RMB Capital Management LLC raised its stake in shares of Morgan Stanley Emerging Markets Domestic by 50.1% during the first quarter. RMB Capital Management LLC now owns 493,060 shares of the investment management company’s stock valued at $3,856,000 after acquiring an additional 164,541 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Morgan Stanley Emerging Markets Domestic by 78.1% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 31,741 shares of the investment management company’s stock valued at $248,000 after acquiring an additional 13,921 shares during the last quarter.

EDD stock opened at $6.55 on Friday. Morgan Stanley Emerging Markets Domestic has a 52-week low of $6.48 and a 52-week high of $8.27.

Morgan Stanley Emerging Markets Domestic Profile

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. Its secondary investment objective is of long-term capital appreciation. The Fund invests approximately 80% of its managed assets in emerging markets domestic debt.

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Institutional Ownership by Quarter for Morgan Stanley Emerging Markets Domestic (NYSE:EDD)

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