37,761 Shares in Templeton Dragon Fund, Inc. (NYSE:TDF) Bought by Quarry LP

Quarry LP bought a new stake in Templeton Dragon Fund, Inc. (NYSE:TDF) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 37,761 shares of the financial services provider’s stock, valued at approximately $309,000. Quarry LP owned about 0.11% of Templeton Dragon Fund at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Karpus Management Inc. lifted its holdings in shares of Templeton Dragon Fund by 61.6% during the 4th quarter. Karpus Management Inc. now owns 358,089 shares of the financial services provider’s stock valued at $2,926,000 after purchasing an additional 136,499 shares during the last quarter. International Assets Investment Management LLC raised its stake in Templeton Dragon Fund by 754.3% in the fourth quarter. International Assets Investment Management LLC now owns 187,167 shares of the financial services provider’s stock valued at $1,529,000 after buying an additional 165,258 shares during the last quarter. 1607 Capital Partners LLC boosted its holdings in Templeton Dragon Fund by 54.2% in the third quarter. 1607 Capital Partners LLC now owns 115,477 shares of the financial services provider’s stock worth $986,000 after acquiring an additional 40,600 shares in the last quarter. Finally, Wolverine Asset Management LLC purchased a new stake in shares of Templeton Dragon Fund during the third quarter worth about $236,000. 47.20% of the stock is currently owned by institutional investors.

Templeton Dragon Fund Price Performance

NYSE:TDF opened at $8.14 on Friday. Templeton Dragon Fund, Inc. has a twelve month low of $7.15 and a twelve month high of $10.13. The company’s 50 day moving average is $8.25 and its two-hundred day moving average is $8.01.

Templeton Dragon Fund Company 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.