MS Edge How to use command+D to Select the URL in the address bar to edit

Solution 1:

The universal 'Open Location' shortcut is Cmd ⌘ L
The universal command for 'Bookmark This Page' is Cmd ⌘ D
The wording may change slightly between browsers, but all use the same commands.

This applies to Safari, Chrome, Firefox & Edge.
Chrome is the same as all the others in this respect. To have Cmd ⌘ D as Open Location, you must have already changed this, as below.

You can change these either globally or on a per app basis in System Prefs > Keyboard > Shortcuts > App Shortcuts but only if you can exactly match the wording in the menu. Safari & Chrome use the same text, Firefox doesn't have them as menu items so can't be changed, Edge uses different wording so would need to be set up separately.