Morgan Stanley Emerging Markets Fund Inc (MSF) Major Shareholder City Of London Investment Grou Buys 53,501 Shares

Morgan Stanley Emerging Markets Fund Inc (NYSE:MSF) major shareholder City Of London Investment Grou bought 53,501 shares of the stock in a transaction dated Wednesday, January 3rd. The shares were bought at an average cost of $18.27 per share, with a total value of $977,463.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

City Of London Investment Grou also recently made the following trade(s):

  • On Friday, December 29th, City Of London Investment Grou bought 17,031 shares of Morgan Stanley Emerging Markets Fund stock. The shares were bought at an average cost of $17.86 per share, with a total value of $304,173.66.
  • On Wednesday, December 27th, City Of London Investment Grou acquired 9,735 shares of Morgan Stanley Emerging Markets Fund stock. The stock was acquired at an average cost of $17.57 per share, with a total value of $171,043.95.
  • On Friday, December 1st, City Of London Investment Grou acquired 5,185 shares of Morgan Stanley Emerging Markets Fund stock. The stock was acquired at an average cost of $17.32 per share, with a total value of $89,804.20.
  • On Tuesday, November 28th, City Of London Investment Grou acquired 10,000 shares of Morgan Stanley Emerging Markets Fund stock. The stock was acquired at an average cost of $17.56 per share, with a total value of $175,600.00.
  • On Tuesday, November 7th, City Of London Investment Grou acquired 33,268 shares of Morgan Stanley Emerging Markets Fund stock. The stock was acquired at an average cost of $17.52 per share, with a total value of $582,855.36.
  • On Wednesday, November 1st, City Of London Investment Grou acquired 30,000 shares of Morgan Stanley Emerging Markets Fund stock. The stock was acquired at an average cost of $17.51 per share, with a total value of $525,300.00.

Morgan Stanley Emerging Markets Fund Inc (NYSE MSF) traded up $0.11 during trading hours on Thursday, reaching $18.47. 25,284 shares of the company were exchanged, compared to its average volume of 60,300. Morgan Stanley Emerging Markets Fund Inc has a 52 week low of $13.41 and a 52 week high of $18.50.

The firm also recently disclosed a semiannual dividend, which will be paid on Wednesday, January 10th. Investors of record on Friday, December 22nd will be paid a $0.0322 dividend. This represents a yield of 0.37%. The ex-dividend date of this dividend is Thursday, December 21st.

A number of large investors have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. bought a new position in Morgan Stanley Emerging Markets Fund in the third quarter worth about $190,000. Raymond James Financial Services Advisors Inc. bought a new position in Morgan Stanley Emerging Markets Fund in the third quarter worth about $569,000. Finally, Icon Advisers Inc. Co. raised its holdings in Morgan Stanley Emerging Markets Fund by 185.6% in the third quarter. Icon Advisers Inc. Co. now owns 54,378 shares of the company’s stock worth $945,000 after purchasing an additional 35,341 shares in the last quarter. 47.37% of the stock is owned by institutional investors.

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Morgan Stanley Emerging Markets Fund Company Profile

The Morgan Stanley Emerging Markets Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in emerging country equity securities. It invests in various sectors, such as banks; insurance; diversified telecommunication services; food and staples retailing; food products; Internet software and services; oil, gas and consumable fuels; automobiles; beverages; construction and engineering; hotels, restaurants and leisure; independent power producers and energy traders; Internet and catalog retail; machinery; pharmaceuticals, real estate management and development; textiles, apparel and luxury goods; transportation infrastructure, and wireless telecommunication services.

Insider Buying and Selling by Quarter for Morgan Stanley Emerging Markets Fund (NYSE:MSF)

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