Templeton Emerging Markets Fund (NYSE:EMF - Get Free Report)'s stock price traded up 0.5% during mid-day trading on Wednesday . The company traded as high as $14.92 and last traded at $14.92. 22,882 shares were traded during mid-day trading, a decline of 33% from the average session volume of 34,093 shares. The stock had previously closed at $14.84.
Templeton Emerging Markets Fund Stock Up 0.5%
The business's 50 day moving average price is $13.84 and its 200-day moving average price is $12.95.
Templeton Emerging Markets Fund Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date of this dividend was Monday, June 16th.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of EMF. Raymond James Financial Inc. bought a new position in shares of Templeton Emerging Markets Fund in the fourth quarter valued at approximately $765,000. Family Firm Inc. raised its position in Templeton Emerging Markets Fund by 0.3% in the 4th quarter. Family Firm Inc. now owns 268,707 shares of the financial services provider's stock worth $3,211,000 after purchasing an additional 797 shares during the last quarter. LPL Financial LLC bought a new position in Templeton Emerging Markets Fund in the 4th quarter worth approximately $278,000. Modern Wealth Management LLC bought a new position in Templeton Emerging Markets Fund in the 4th quarter worth approximately $143,000. Finally, Envestnet Asset Management Inc. raised its position in Templeton Emerging Markets Fund by 5.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 65,562 shares of the financial services provider's stock worth $783,000 after purchasing an additional 3,300 shares during the last quarter. Institutional investors own 49.86% of the company's stock.
Templeton Emerging Markets Fund Company Profile
(
Get Free Report)
Templeton Emerging Markets Fund 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 emerging market countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.
Further Reading
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