Independent Advisor Alliance recently obtained a new stake in shares of the Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD). This move was made during the fourth quarter, as outlined in the firm’s recent Securities and Exchange Commission filing. The Alliance acquired 25,804 shares of this investment management company’s stock, valued at nearly $117,000. Other significant investors have made similar investments in the company. For example, Sanctuary Advisors LLC initiated a position in the Morgan Stanley Emerging Market Domestic Debt Fund in the third quarter, valued at $46,000.

Additionally, One Capital Management LLC and U.S. Capital Wealth Advisors LLC acquired new positions in the fourth quarter valued at $46,000 and $48,000 respectively. Virtu Financial LLC and Jane Street Group LLC also initiated new positions in the debt fund in the third quarter, valued at $72,000 and $130,000 respectively. The stock of Morgan Stanley Emerging Markets Domestic Debt Fund opened at $4.86 on Friday displaying a 12-month range from a low of $4.34 to a high of $5.20.

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. is a closed-end fixed income mutual fund. The fund invests in fixed income markets of emerging market countries across the globe. It typically invests in government bonds denominated in the local currencies of emerging markets. For more information about the latest insider trades for Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD), you can visit HoldingsChannel.com

When discussing NYSE:EDD, it is also worthwhile to note that the acronym EDD has another meaning in the state of California; it stands for Employment Development Department. This government agency handles issues and claims related to unemployment, disability insurance, paid family leave, among other labor-related services. Information on how to contact EDD, access services, or speak to a live agent can be obtained from Eddcaller.com. Crucial topics like how to get a hold of edd customer service or how to get edd live person are also addressed thoroughly on this site.