Raymond James & Associates raised its position in shares of Morgan Stanley India Investment Fund, Inc. (NYSE:IIF – Get Rating) by 32.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,145 shares of the company's stock after acquiring an additional 12,158 shares during the period. Raymond James & Associates owned approximately 0.46% of Morgan Stanley India Investment Fund worth $1,167,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of IIF. Bulldog Investors LLP acquired a new position in shares of Morgan Stanley India Investment Fund during the second quarter worth approximately $1,750,000. Lazard Asset Management LLC increased its holdings in shares of Morgan Stanley India Investment Fund by 4.8% during the 2nd quarter. Lazard Asset Management LLC now owns 550,666 shares of the company's stock worth $12,307,000 after purchasing an additional 25,298 shares during the period. Karpus Management Inc. increased its holdings in shares of Morgan Stanley India Investment Fund by 7.0% during the 2nd quarter. Karpus Management Inc. now owns 164,260 shares of the company's stock worth $3,671,000 after purchasing an additional 10,766 shares during the period. Bank of America Corp DE increased its holdings in shares of Morgan Stanley India Investment Fund by 13.3% during the 1st quarter. Bank of America Corp DE now owns 62,955 shares of the company's stock worth $1,581,000 after purchasing an additional 7,396 shares during the period. Finally, Strs Ohio increased its holdings in shares of Morgan Stanley India Investment Fund by 10.7% during the 2nd quarter. Strs Ohio now owns 54,716 shares of the company's stock worth $1,222,000 after purchasing an additional 5,275 shares during the period. 44.75% of the stock is currently owned by institutional investors and hedge funds.
Get Morgan Stanley India Investment Fund alerts:Morgan Stanley India Investment Fund Stock Performance
NYSE:IIF opened at $20.68 on Friday. Morgan Stanley India Investment Fund, Inc. has a 52-week low of $19.97 and a 52-week high of $27.07. The firm's 50-day moving average is $22.09 and its 200-day moving average is $23.46.
Morgan Stanley India Investment Fund Cuts Dividend
The company also recently disclosed a — dividend, which was paid on Friday, January 13th. Stockholders of record on Friday, December 16th were issued a dividend of $0.3768 per share. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, December 15th.About Morgan Stanley India Investment Fund
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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.
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