Templeton Dragon Fund Inc (TDF) Major Shareholder Buys $713,092.80 in Stock

Templeton Dragon Fund Inc (NYSE:TDF) major shareholder City Of London Investment Grou purchased 31,920 shares of the business’s stock in a transaction that occurred on Thursday, March 8th. The stock was acquired at an average cost of $22.34 per share, with a total value of $713,092.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

City Of London Investment Grou also recently made the following trade(s):

How to Become a New Pot Stock Millionaire
  • On Wednesday, February 21st, City Of London Investment Grou purchased 10,000 shares of Templeton Dragon Fund stock. The stock was acquired at an average cost of $22.67 per share, with a total value of $226,700.00.
  • On Tuesday, February 6th, City Of London Investment Grou purchased 4,100 shares of Templeton Dragon Fund stock. The stock was acquired at an average cost of $22.00 per share, with a total value of $90,200.00.
  • On Thursday, February 1st, City Of London Investment Grou purchased 58,864 shares of Templeton Dragon Fund stock. The stock was acquired at an average cost of $23.87 per share, with a total value of $1,405,083.68.
  • On Tuesday, January 2nd, City Of London Investment Grou purchased 30,000 shares of Templeton Dragon Fund stock. The stock was acquired at an average cost of $21.74 per share, with a total value of $652,200.00.
  • On Friday, December 29th, City Of London Investment Grou purchased 24,609 shares of Templeton Dragon Fund stock. The stock was acquired at an average cost of $21.42 per share, with a total value of $527,124.78.

Templeton Dragon Fund Inc (NYSE:TDF) opened at $22.93 on Monday. Templeton Dragon Fund Inc has a twelve month low of $17.73 and a twelve month high of $24.65.

Several institutional investors have recently added to or reduced their stakes in TDF. Bank of New York Mellon Corp bought a new position in shares of Templeton Dragon Fund in the fourth quarter valued at about $223,000. Doliver Capital Advisors LP bought a new position in shares of Templeton Dragon Fund in the third quarter valued at about $272,000. AlphaStar Capital Management LLC bought a new position in shares of Templeton Dragon Fund in the fourth quarter valued at about $398,000. Citadel Advisors LLC bought a new position in shares of Templeton Dragon Fund in the third quarter valued at about $423,000. Finally, Guggenheim Capital LLC bought a new position in shares of Templeton Dragon Fund in the fourth quarter valued at about $459,000. 46.13% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY WARNING: This news story was first reported by Markets Daily and is owned by of Markets Daily. If you are reading this news story on another site, it was illegally stolen and reposted in violation of US and international trademark & copyright law. The correct version of this news story can be accessed at https://www.themarketsdaily.com/2018/03/12/templeton-dragon-fund-inc-tdf-major-shareholder-buys-713092-80-in-stock.html.

About Templeton Dragon Fund

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.

Insider Buying and Selling by Quarter for Templeton Dragon Fund (NYSE:TDF)

Receive News & Ratings for Templeton Dragon Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Templeton Dragon Fund and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply