Quantedge Capital Pte Ltd Has $603,000 Holdings in Morgan Stanley India Investment Fund, Inc. $IIF

Quantedge Capital Pte Ltd cut its holdings in shares of Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) by 49.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,354 shares of the company’s stock after selling 21,150 shares during the period. Quantedge Capital Pte Ltd owned about 0.22% of Morgan Stanley India Investment Fund worth $603,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IIF. Steward Partners Investment Advisory LLC lifted its position in Morgan Stanley India Investment Fund by 285.7% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,350 shares of the company’s stock valued at $38,000 after purchasing an additional 1,000 shares during the period. Allworth Financial LP raised its stake in Morgan Stanley India Investment Fund by 880.0% during the 2nd quarter. Allworth Financial LP now owns 4,900 shares of the company’s stock worth $138,000 after buying an additional 4,400 shares during the period. Calamos Advisors LLC bought a new position in shares of Morgan Stanley India Investment Fund during the 2nd quarter valued at about $251,000. Samalin Investment Counsel LLC increased its position in shares of Morgan Stanley India Investment Fund by 9.7% during the first quarter. Samalin Investment Counsel LLC now owns 14,022 shares of the company’s stock worth $342,000 after acquiring an additional 1,237 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in Morgan Stanley India Investment Fund by 28.4% during the 1st quarter. Royal Bank of Canada now owns 28,538 shares of the company’s stock worth $696,000 after purchasing an additional 6,320 shares in the last quarter. 36.96% of the stock is owned by institutional investors.

Morgan Stanley India Investment Fund Price Performance

Shares of NYSE:IIF opened at $26.70 on Wednesday. The company’s 50-day moving average price is $26.96 and its two-hundred day moving average price is $27.15. Morgan Stanley India Investment Fund, Inc. has a one year low of $22.20 and a one year high of $29.79.

Morgan Stanley India Investment Fund Announces Dividend

The business also recently disclosed an annual dividend, which will be paid on Thursday, January 15th. Shareholders of record on Friday, December 19th will be given a dividend of $1.9852 per share. The ex-dividend date is Friday, December 19th. This represents a yield of 744.0%.

Morgan Stanley India Investment Fund Profile

Morgan Stanley India Investment Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc The fund is co-managed by Morgan Stanley Investment Management Company. It invests in the public equity markets of India. The fund invests in stocks of companies operating across diversified sectors.