Concannon Wealth Management Exits Position in Morgan Stanley Emerging Markets Domestic (EDD)

Morgan Stanley Emerging Markets Domestic (EDD) : Concannon Wealth Management has sold out all of its stake in Morgan Stanley Emerging Markets Domestic during the most recent quarter, according to the disclosure filed by the company on Apr 21, 2016 with the SEC. The investment management company has sold out 19 shares of Morgan Stanley Emerging Markets Domestic which is valued at $148.

Morgan Stanley Emerging Markets Domestic opened for trading at $7.73 and hit $7.8 on the upside on Wednesday, eventually ending the session at $7.8, with a gain of 0.39% or 0.03 points. The heightened volatility saw the trading volume jump to 1,70,257 shares. Company has a market cap of $497 M.

Other Hedge Funds, Including , Cue Financial Group sold out all of its stake in EDD during the most recent quarter. The investment firm sold 10,565 shares of EDD which is valued $81,034.Capital Investment Advisors reduced its stake in EDD by selling 16,411 shares or 15.37% in the most recent quarter. The Hedge Fund company now holds 90,365 shares of EDD which is valued at $693,100. Morgan Stanley Emerging Markets Domestic makes up approx 0.07% of Capital Investment Advisors’s portfolio.Sentinel Trust Co Lba boosted its stake in EDD in the latest quarter, The investment management firm added 29,300 additional shares and now holds a total of 88,700 shares of Morgan Stanley Emerging Markets Domestic which is valued at $680,329. Morgan Stanley Emerging Markets Domestic makes up approx 0.10% of Sentinel Trust Co Lba’s portfolio.Edge Wealth Management boosted its stake in EDD in the latest quarter, The investment management firm added 5,050 additional shares and now holds a total of 6,500 shares of Morgan Stanley Emerging Markets Domestic which is valued at $49,140. Morgan Stanley Emerging Markets Domestic makes up approx 0.02% of Edge Wealth Management’s portfolio.

Morgan Stanley Emerging Markets Domestic Debt Fund Inc. is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income with a secondary investment objective of long-term capital appreciation. The Fund invests approximately 80% of its managed assets in emerging markets domestic debt. The Fund invests in the Institutional Class of the Morgan Stanley Institutional Liquidity Funds-Money Market Portfolio (the Liquidity Funds) and in fixed income securities. Morgan Stanley Investment Management Inc. serves as the Fund’s investment adviser.

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