180 Wealth Advisors LLC increased its position in shares of Templeton Dragon Fund, Inc. (NYSE:TDF - Free Report) by 26.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 221,033 shares of the financial services provider's stock after purchasing an additional 46,509 shares during the period. 180 Wealth Advisors LLC owned approximately 0.87% of Templeton Dragon Fund worth $2,144,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the company. Elequin Capital LP purchased a new position in Templeton Dragon Fund during the fourth quarter worth about $38,000. CSS LLC IL raised its holdings in Templeton Dragon Fund by 6.8% during the fourth quarter. CSS LLC IL now owns 31,274 shares of the financial services provider's stock worth $266,000 after purchasing an additional 2,000 shares in the last quarter. Quantedge Capital Pte Ltd raised its holdings in Templeton Dragon Fund by 21.7% during the fourth quarter. Quantedge Capital Pte Ltd now owns 73,416 shares of the financial services provider's stock worth $623,000 after purchasing an additional 13,100 shares in the last quarter. Almitas Capital LLC purchased a new position in Templeton Dragon Fund during the fourth quarter worth about $101,000. Finally, Shaker Financial Services LLC raised its holdings in Templeton Dragon Fund by 13.1% during the fourth quarter. Shaker Financial Services LLC now owns 106,847 shares of the financial services provider's stock worth $907,000 after purchasing an additional 12,352 shares in the last quarter. 47.20% of the stock is owned by hedge funds and other institutional investors.
Templeton Dragon Fund Trading Up 0.8%
NYSE TDF traded up $0.08 during trading hours on Thursday, hitting $9.95. 31,130 shares of the stock were exchanged, compared to its average volume of 73,821. Templeton Dragon Fund, Inc. has a 12-month low of $7.49 and a 12-month high of $10.41. The stock has a 50-day moving average of $9.28 and a 200 day moving average of $9.06.
Templeton Dragon Fund Cuts Dividend
The business also recently announced a -- dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a $0.10 dividend. The ex-dividend date was Monday, March 17th. This represents a yield of 2.2%.
Templeton Dragon Fund Company Profile
(
Free Report)
Templeton Dragon Fund, Inc is a closed ended equity mutual fund launched by Franklin Resources, Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of China. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.
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