Bulldog Investors LLC Sells 78,443 Shares of Morgan Stanley Asia Pacific Fund Inc. (APF)

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Bulldog Investors LLC trimmed its holdings in shares of Morgan Stanley Asia Pacific Fund Inc. (NYSE:APF) by 17.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 373,673 shares of the financial services provider’s stock after selling 78,443 shares during the period. Morgan Stanley Asia Pacific Fund accounts for approximately 1.9% of Bulldog Investors LLC’s holdings, making the stock its 18th largest holding. Bulldog Investors LLC owned approximately 2.85% of Morgan Stanley Asia Pacific Fund worth $6,805,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. City of London Investment Management Co. Ltd. increased its stake in shares of Morgan Stanley Asia Pacific Fund by 3.9% in the 1st quarter. City of London Investment Management Co. Ltd. now owns 2,924,685 shares of the financial services provider’s stock valued at $53,492,000 after buying an additional 109,649 shares during the period. Doliver Capital Advisors LP acquired a new stake in shares of Morgan Stanley Asia Pacific Fund in the 1st quarter valued at $287,000. Wells Fargo & Company MN increased its stake in shares of Morgan Stanley Asia Pacific Fund by 2.6% in the 1st quarter. Wells Fargo & Company MN now owns 1,750,128 shares of the financial services provider’s stock valued at $31,870,000 after buying an additional 44,048 shares during the period. Raymond James & Associates increased its stake in shares of Morgan Stanley Asia Pacific Fund by 226.3% in the 4th quarter. Raymond James & Associates now owns 128,234 shares of the financial services provider’s stock valued at $2,360,000 after buying an additional 88,936 shares during the period. Finally, Guggenheim Capital LLC increased its stake in shares of Morgan Stanley Asia Pacific Fund by 47.6% in the 4th quarter. Guggenheim Capital LLC now owns 16,218 shares of the financial services provider’s stock valued at $298,000 after buying an additional 5,227 shares during the period. 48.39% of the stock is owned by hedge funds and other institutional investors.

Shares of Morgan Stanley Asia Pacific Fund traded down $0.07, hitting $16.79, during midday trading on Thursday, according to Marketbeat.com. The stock had a trading volume of 5,500 shares, compared to its average volume of 15,813. Morgan Stanley Asia Pacific Fund Inc. has a fifty-two week low of $16.28 and a fifty-two week high of $19.99.

The company also recently announced a semiannual dividend, which will be paid on Friday, July 13th. Stockholders of record on Saturday, September 29th will be paid a $0.0243 dividend. The ex-dividend date is Thursday, September 27th. This represents a dividend yield of 0.28%.

Morgan Stanley Asia Pacific Fund Company Profile

There is no company description available for MS Asia-Pacific Fund, Inc.

Institutional Ownership by Quarter for Morgan Stanley Asia Pacific Fund (NYSE:APF)

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