Landscape Capital Management L.L.C. Buys 35,546 Shares of Templeton Dragon Fund, Inc. $TDF

Landscape Capital Management L.L.C. grew its stake in shares of Templeton Dragon Fund, Inc. (NYSE:TDF) by 328.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 46,363 shares of the financial services provider’s stock after acquiring an additional 35,546 shares during the period. Landscape Capital Management L.L.C.’s holdings in Templeton Dragon Fund were worth $450,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. XTX Topco Ltd bought a new stake in shares of Templeton Dragon Fund during the first quarter valued at approximately $100,000. Compound Planning Inc. bought a new stake in shares of Templeton Dragon Fund during the first quarter valued at approximately $539,000. 180 Wealth Advisors LLC increased its position in Templeton Dragon Fund by 26.6% during the 1st quarter. 180 Wealth Advisors LLC now owns 221,033 shares of the financial services provider’s stock valued at $2,144,000 after purchasing an additional 46,509 shares during the period. Wells Fargo & Company MN increased its position in Templeton Dragon Fund by 5.6% during the 4th quarter. Wells Fargo & Company MN now owns 20,750 shares of the financial services provider’s stock valued at $176,000 after purchasing an additional 1,107 shares during the period. Finally, CSS LLC IL increased its position in Templeton Dragon Fund by 6.8% during the 4th quarter. CSS LLC IL now owns 31,274 shares of the financial services provider’s stock valued at $266,000 after purchasing an additional 2,000 shares during the period. Institutional investors own 47.20% of the company’s stock.

Templeton Dragon Fund Price Performance

NYSE TDF opened at $11.21 on Monday. The company’s 50-day simple moving average is $10.34 and its two-hundred day simple moving average is $9.80. Templeton Dragon Fund, Inc. has a one year low of $7.54 and a one year high of $11.26.

Templeton Dragon Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.40 dividend on an annualized basis and a yield of 3.6%.

About Templeton Dragon Fund

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.