Stifel Financial Corp increased its position in Templeton Dragon Fund Inc (NYSE:TDF) by 9.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,892 shares of the financial services provider’s stock after purchasing an additional 4,862 shares during the quarter. Stifel Financial Corp owned 0.16% of Templeton Dragon Fund worth $1,124,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently made changes to their positions in TDF. IHT Wealth Management LLC bought a new position in shares of Templeton Dragon Fund in the 2nd quarter worth about $202,000. Doliver Capital Advisors LP bought a new position in shares of Templeton Dragon Fund in the 3rd quarter worth about $272,000. Citadel Advisors LLC bought a new position in shares of Templeton Dragon Fund in the 3rd quarter worth about $423,000. Royal Bank of Canada lifted its position in shares of Templeton Dragon Fund by 6.8% in the 2nd quarter. Royal Bank of Canada now owns 34,818 shares of the financial services provider’s stock worth $701,000 after buying an additional 2,210 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of Templeton Dragon Fund by 8.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 53,176 shares of the financial services provider’s stock worth $1,073,000 after acquiring an additional 4,283 shares during the period. Institutional investors and hedge funds own 42.93% of the company’s stock.
In related news, major shareholder City Of London Investment Grou bought 30,000 shares of the stock in a transaction on Tuesday, January 2nd. The shares were purchased at an average price of $21.74 per share, with a total value of $652,200.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. In the last three months, insiders have acquired 192,842 shares of company stock worth $4,106,423.
Shares of Templeton Dragon Fund Inc (NYSE:TDF) opened at $22.46 on Thursday. Templeton Dragon Fund Inc has a twelve month low of $16.75 and a twelve month high of $22.63.
Templeton Dragon Fund Profile
Templeton Dragon Fund, Inc is a closed-end management investment company. The Fund invests in certain China A shares, through its investment in China Opportunities Fund, Ltd. (China Fund). It invests in various sectors, including oil, gas and consumable fuels; aerospace and defense; auto components; automobiles; banks; beverages; capital markets; chemicals; communications equipment; construction and engineering; distributors; diversified telecommunication services; electric utilities; electrical equipment; electronic equipment, instruments and components; food and staples retailing; food products; healthcare equipment and supplies; healthcare providers and services; hotels, restaurants and leisure; household durables; insurance; Internet and direct marketing retail; Internet software and services; information technology (IT) services; machinery; marine; media; paper and forest Products, and Pharmaceuticals.
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