HighTower Advisors LLC Has $136,000 Stock Holdings in Templeton Dragon Fund, Inc. $TDF

HighTower Advisors LLC reduced its stake in Templeton Dragon Fund, Inc. (NYSE:TDF) by 12.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 14,009 shares of the financial services provider’s stock after selling 2,054 shares during the quarter. HighTower Advisors LLC owned approximately 0.06% of Templeton Dragon Fund worth $136,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of TDF. XTX Topco Ltd bought a new stake in shares of Templeton Dragon Fund during the first quarter valued at approximately $100,000. 180 Wealth Advisors LLC raised its holdings in shares of Templeton Dragon Fund by 26.6% in the 1st quarter. 180 Wealth Advisors LLC now owns 221,033 shares of the financial services provider’s stock valued at $2,144,000 after purchasing an additional 46,509 shares during the period. Wells Fargo & Company MN grew its stake in Templeton Dragon Fund by 5.6% in the 4th quarter. Wells Fargo & Company MN now owns 20,750 shares of the financial services provider’s stock valued at $176,000 after buying an additional 1,107 shares during the last quarter. CSS LLC IL boosted its holdings in Templeton Dragon Fund by 6.8% in the 4th quarter. CSS LLC IL now owns 31,274 shares of the financial services provider’s stock valued at $266,000 after purchasing an additional 2,000 shares during the period. Finally, Elequin Capital LP acquired a new stake in shares of Templeton Dragon Fund in the fourth quarter valued at approximately $38,000. 47.20% of the stock is currently owned by institutional investors and hedge funds.

Templeton Dragon Fund Stock Down 2.1%

Shares of Templeton Dragon Fund stock opened at $11.13 on Friday. The company has a 50 day moving average of $10.44 and a 200-day moving average of $9.85. Templeton Dragon Fund, Inc. has a 1-year low of $7.54 and a 1-year high of $11.41.

Templeton Dragon Fund Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.40 annualized dividend and a dividend yield of 3.6%.

About Templeton Dragon Fund

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.