US Bancorp DE Invests $33,000 in Templeton Dragon Fund, Inc. (NYSE:TDF)

US Bancorp DE acquired a new position in shares of Templeton Dragon Fund, Inc. (NYSE:TDF) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,600 shares of the financial services provider’s stock, valued at approximately $33,000.

Several other institutional investors have also recently made changes to their positions in the company. Dakota Wealth Management purchased a new position in shares of Templeton Dragon Fund in the third quarter valued at approximately $154,000. 180 Wealth Advisors LLC purchased a new stake in Templeton Dragon Fund in the 2nd quarter valued at approximately $271,000. Wolverine Asset Management LLC grew its position in Templeton Dragon Fund by 1,622.4% during the second quarter. Wolverine Asset Management LLC now owns 65,107 shares of the financial services provider’s stock worth $522,000 after buying an additional 61,327 shares during the period. Shaker Financial Services LLC boosted its position in Templeton Dragon Fund by 38.0% during the second quarter. Shaker Financial Services LLC now owns 99,946 shares of the financial services provider’s stock worth $802,000 after purchasing an additional 27,509 shares in the last quarter. Finally, International Assets Investment Management LLC increased its holdings in Templeton Dragon Fund by 855.8% during the 3rd quarter. International Assets Investment Management LLC now owns 219,922 shares of the financial services provider’s stock valued at $2,014,000 after acquiring an additional 196,913 shares in the last quarter. Hedge funds and other institutional investors own 47.20% of the company’s stock.

Templeton Dragon Fund Trading Up 1.4 %

Shares of NYSE:TDF opened at $8.70 on Tuesday. The business’s fifty day moving average price is $8.77 and its two-hundred day moving average price is $8.33. Templeton Dragon Fund, Inc. has a one year low of $7.15 and a one year high of $10.41.

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.