HighTower Advisors LLC Grows Stake in Templeton Dragon Fund, Inc. (NYSE:TDF)

HighTower Advisors LLC boosted its stake in Templeton Dragon Fund, Inc. (NYSE:TDF) by 7.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,629 shares of the financial services provider’s stock after buying an additional 1,449 shares during the quarter. HighTower Advisors LLC owned approximately 0.09% of Templeton Dragon Fund worth $192,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of TDF. US Bancorp DE acquired a new stake in Templeton Dragon Fund during the 3rd quarter worth $33,000. Dakota Wealth Management acquired a new position in Templeton Dragon Fund during the third quarter worth about $154,000. Shaker Financial Services LLC grew its stake in Templeton Dragon Fund by 38.0% during the 2nd quarter. Shaker Financial Services LLC now owns 99,946 shares of the financial services provider’s stock valued at $802,000 after acquiring an additional 27,509 shares in the last quarter. Wolverine Asset Management LLC raised its holdings in Templeton Dragon Fund by 1,622.4% in the 2nd quarter. Wolverine Asset Management LLC now owns 65,107 shares of the financial services provider’s stock valued at $522,000 after acquiring an additional 61,327 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in Templeton Dragon Fund by 6.2% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,185,826 shares of the financial services provider’s stock worth $17,530,000 after purchasing an additional 127,682 shares in the last quarter. 47.20% of the stock is currently owned by institutional investors and hedge funds.

Templeton Dragon Fund Trading Up 1.2 %

NYSE TDF opened at $8.77 on Thursday. The business’s fifty day simple moving average is $8.73 and its 200-day simple moving average is $8.35. Templeton Dragon Fund, Inc. has a 52 week low of $7.15 and a 52 week 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.