Lincoln National Corp purchased a new position in shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Get Rating) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,273 shares of the investment management company’s stock, valued at approximately $160,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in CAF. City of London Investment Management Co. Ltd. grew its position in shares of Morgan Stanley China A Share Fund by 2.3% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 6,378,964 shares of the investment management company’s stock worth $104,519,000 after buying an additional 142,365 shares in the last quarter. UBS Group AG boosted its position in Morgan Stanley China A Share Fund by 25.7% during the first quarter. UBS Group AG now owns 7,320 shares of the investment management company’s stock valued at $119,000 after purchasing an additional 1,498 shares in the last quarter. Karpus Management Inc. boosted its position in Morgan Stanley China A Share Fund by 178.2% during the third quarter. Karpus Management Inc. now owns 30,515 shares of the investment management company’s stock valued at $412,000 after purchasing an additional 19,545 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its position in Morgan Stanley China A Share Fund by 14.9% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 30,530 shares of the investment management company’s stock valued at $434,000 after purchasing an additional 3,969 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in Morgan Stanley China A Share Fund by 13.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,561,663 shares of the investment management company’s stock valued at $64,776,000 after purchasing an additional 524,982 shares in the last quarter.
Morgan Stanley China A Share Fund Stock Down 0.7 %
Shares of CAF stock opened at $13.63 on Friday. Morgan Stanley China A Share Fund, Inc. has a 1-year low of $12.16 and a 1-year high of $17.01. The stock’s 50-day moving average is $14.09 and its 200 day moving average is $14.26.
Morgan Stanley China A Share Fund Profile
Morgan Stanley China A Share Fund, Inc is a closed-end management investment company. Its investment objective is to seek capital growth. The firm invests its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges, either by investing directly in A-shares through a licensed qualified foreign institutional investor or by gaining exposure to the A-share market through the use of derivatives.
See Also
- Get a free copy of the StockNews.com research report on Morgan Stanley China A Share Fund (CAF)
- Thinking Of Buying The Dip On JD.com? Consider This First
- Wynn Resorts: A Winning Bet for 2023
- A Royally Good Time To Buy The Walt Disney Company
- 3 Surprising Stocks Leading Growth Over Value
- Copa Holdings Is Looking For A Comeback, Its Dividend Agrees
Receive News & Ratings for Morgan Stanley China A Share Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley China A Share Fund and related companies with MarketBeat.com's FREE daily email newsletter.
