Allspring Global Investments Holdings LLC Trims Position in Morgan Stanley India Investment Fund, Inc. (NYSE:IIF)

Allspring Global Investments Holdings LLC decreased its stake in shares of Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) by 18.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 265,528 shares of the company’s stock after selling 58,865 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Morgan Stanley India Investment Fund were worth $6,476,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Main Management LLC bought a new position in Morgan Stanley India Investment Fund in the 4th quarter worth about $151,000. Bank of America Corp DE boosted its holdings in shares of Morgan Stanley India Investment Fund by 3.8% in the fourth quarter. Bank of America Corp DE now owns 110,250 shares of the company’s stock valued at $2,786,000 after purchasing an additional 4,028 shares during the period. Jones Financial Companies Lllp grew its stake in Morgan Stanley India Investment Fund by 30.4% in the fourth quarter. Jones Financial Companies Lllp now owns 10,000 shares of the company’s stock worth $253,000 after purchasing an additional 2,331 shares in the last quarter. Bulldog Investors LLP grew its stake in Morgan Stanley India Investment Fund by 42.5% in the fourth quarter. Bulldog Investors LLP now owns 287,644 shares of the company’s stock worth $7,295,000 after purchasing an additional 85,772 shares in the last quarter. Finally, Saba Capital Management L.P. increased its holdings in Morgan Stanley India Investment Fund by 9.7% during the 4th quarter. Saba Capital Management L.P. now owns 741,531 shares of the company’s stock worth $18,738,000 after purchasing an additional 65,828 shares during the period. Institutional investors own 36.96% of the company’s stock.

Morgan Stanley India Investment Fund Price Performance

IIF opened at $28.24 on Friday. Morgan Stanley India Investment Fund, Inc. has a 12-month low of $22.20 and a 12-month high of $30.41. The business’s fifty day simple moving average is $27.00 and its 200-day simple moving average is $25.25.

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.