Wolverine Asset Management LLC Purchases 39,075 Shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF)

Wolverine Asset Management LLC boosted its position in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) by 88.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 83,378 shares of the investment management company’s stock after purchasing an additional 39,075 shares during the quarter. Wolverine Asset Management LLC’s holdings in Morgan Stanley China A Share Fund were worth $1,039,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Dakota Wealth Management raised its holdings in Morgan Stanley China A Share Fund by 4.2% in the fourth quarter. Dakota Wealth Management now owns 20,614 shares of the investment management company’s stock worth $257,000 after purchasing an additional 840 shares in the last quarter. HighTower Advisors LLC raised its holdings in Morgan Stanley China A Share Fund by 8.0% in the third quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock worth $186,000 after purchasing an additional 1,031 shares in the last quarter. Shaker Financial Services LLC raised its holdings in Morgan Stanley China A Share Fund by 6.8% in the third quarter. Shaker Financial Services LLC now owns 31,088 shares of the investment management company’s stock worth $421,000 after purchasing an additional 1,987 shares in the last quarter. Calamos Advisors LLC bought a new position in Morgan Stanley China A Share Fund in the fourth quarter worth $140,000. Finally, Public Employees Retirement System of Ohio bought a new position in Morgan Stanley China A Share Fund in the third quarter worth $9,304,000.

Morgan Stanley China A Share Fund Trading Down 0.0 %

CAF opened at $12.95 on Friday. The stock has a fifty day simple moving average of $12.50 and a two-hundred day simple moving average of $12.51. Morgan Stanley China A Share Fund, Inc. has a 12-month low of $11.00 and a 12-month high of $16.11.

Morgan Stanley China A Share Fund Increases Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a $0.3272 dividend. This is a boost from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12. This represents a dividend yield of 1%. The ex-dividend date was Friday, December 13th.

Morgan Stanley China A Share Fund Profile

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