Allspring Global Investments Holdings LLC decreased its position in shares of Templeton Dragon Fund, Inc. (NYSE:TDF - Free Report) by 38.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,219,848 shares of the financial services provider's stock after selling 1,396,597 shares during the period. Allspring Global Investments Holdings LLC owned approximately 6.57% of Templeton Dragon Fund worth $18,136,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. City of London Investment Management Co. Ltd. grew its position in shares of Templeton Dragon Fund by 5.3% during the third quarter. City of London Investment Management Co. Ltd. now owns 12,203,181 shares of the financial services provider's stock valued at $104,215,000 after purchasing an additional 612,606 shares in the last quarter. Karpus Management Inc. grew its position in Templeton Dragon Fund by 53.1% in the third quarter. Karpus Management Inc. now owns 221,590 shares of the financial services provider's stock worth $1,892,000 after acquiring an additional 76,823 shares in the last quarter. International Assets Investment Management LLC grew its position in Templeton Dragon Fund by 37.4% in the third quarter. International Assets Investment Management LLC now owns 21,909 shares of the financial services provider's stock worth $185,000 after acquiring an additional 5,959 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in Templeton Dragon Fund in the third quarter worth about $236,000. Finally, 1607 Capital Partners LLC grew its position in Templeton Dragon Fund by 54.2% in the third quarter. 1607 Capital Partners LLC now owns 115,477 shares of the financial services provider's stock worth $986,000 after acquiring an additional 40,600 shares in the last quarter. Hedge funds and other institutional investors own 47.20% of the company's stock.
Templeton Dragon Fund Trading Up 0.1 %
TDF traded up $0.01 on Monday, hitting $7.75. The company had a trading volume of 34,663 shares, compared to its average volume of 67,573. Templeton Dragon Fund, Inc. has a 12-month low of $7.15 and a 12-month high of $10.47. The business's fifty day simple moving average is $7.83 and its 200 day simple moving average is $8.02.
About Templeton Dragon Fund
(
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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