22,865 Shares in Templeton Dragon Fund, Inc. $TDF Bought by Baltimore Washington Financial Advisors Inc.

Baltimore Washington Financial Advisors Inc. purchased a new stake in Templeton Dragon Fund, Inc. (NYSE:TDF) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 22,865 shares of the financial services provider’s stock, valued at approximately $228,000. Baltimore Washington Financial Advisors Inc. owned 0.09% of Templeton Dragon Fund at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. XTX Topco Ltd acquired a new stake in shares of Templeton Dragon Fund during the 1st quarter valued at about $100,000. Diversified Enterprises LLC bought a new position in Templeton Dragon Fund during the second quarter worth about $113,000. Almitas Capital LLC boosted its holdings in Templeton Dragon Fund by 111.1% during the first quarter. Almitas Capital LLC now owns 25,175 shares of the financial services provider’s stock valued at $244,000 after purchasing an additional 13,250 shares in the last quarter. Landscape Capital Management L.L.C. grew its stake in shares of Templeton Dragon Fund by 328.6% in the 1st quarter. Landscape Capital Management L.L.C. now owns 46,363 shares of the financial services provider’s stock valued at $450,000 after purchasing an additional 35,546 shares during the period. Finally, Compound Planning Inc. bought a new stake in shares of Templeton Dragon Fund in the 1st quarter valued at approximately $539,000. 47.20% of the stock is owned by institutional investors.

Templeton Dragon Fund Stock Performance

Templeton Dragon Fund stock opened at $11.11 on Friday. The business has a 50 day simple moving average of $11.46 and a 200 day simple moving average of $10.72. Templeton Dragon Fund, Inc. has a one year low of $8.07 and a one year high of $12.04.

Templeton Dragon Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 18th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Thursday, September 18th.

Templeton Dragon Fund Profile

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.