Morgan Stanley India Investment Fund Inc (NYSE:IIF) Shares Bought by Point View Wealth Management Inc.

Point View Wealth Management Inc. raised its stake in Morgan Stanley India Investment Fund Inc (NYSE:IIF) by 6.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 11,275 shares of the company’s stock after buying an additional 714 shares during the quarter. Point View Wealth Management Inc.’s holdings in Morgan Stanley India Investment Fund were worth $224,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of IIF. Morgan Stanley grew its holdings in shares of Morgan Stanley India Investment Fund by 6.3% in the 2nd quarter. Morgan Stanley now owns 19,691 shares of the company’s stock worth $413,000 after acquiring an additional 1,172 shares during the period. FNY Investment Advisers LLC acquired a new position in Morgan Stanley India Investment Fund during the fourth quarter worth $86,000. Bank of America Corp DE raised its holdings in Morgan Stanley India Investment Fund by 30.5% during the second quarter. Bank of America Corp DE now owns 25,987 shares of the company’s stock worth $545,000 after purchasing an additional 6,081 shares during the last quarter. Barclays PLC boosted its position in Morgan Stanley India Investment Fund by 59.4% during the third quarter. Barclays PLC now owns 22,189 shares of the company’s stock worth $420,000 after purchasing an additional 8,267 shares in the last quarter. Finally, Samalin Investment Counsel LLC purchased a new stake in Morgan Stanley India Investment Fund during the fourth quarter worth $216,000. Institutional investors own 40.20% of the company’s stock.

Morgan Stanley India Investment Fund stock traded down $0.19 during trading hours on Friday, hitting $20.80. The stock had a trading volume of 625 shares, compared to its average volume of 40,183. Morgan Stanley India Investment Fund Inc has a 1-year low of $17.56 and a 1-year high of $21.77. The stock’s fifty day moving average is $20.45 and its two-hundred day moving average is $19.33.

The company also recently declared a semi-annual dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 20th were paid a dividend of $0.0279 per share. This represents a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, December 19th.

About Morgan Stanley India Investment Fund

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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Institutional Ownership by Quarter for Morgan Stanley India Investment Fund (NYSE:IIF)

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