Templeton Dragon Fund, Inc. $TDF Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC reduced its holdings in Templeton Dragon Fund, Inc. (NYSE:TDF) by 9.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,812,390 shares of the financial services provider’s stock after selling 186,266 shares during the quarter. Allspring Global Investments Holdings LLC owned 7.15% of Templeton Dragon Fund worth $18,106,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Uncommon Cents Investing LLC increased its position in Templeton Dragon Fund by 4.1% in the 2nd quarter. Uncommon Cents Investing LLC now owns 528,240 shares of the financial services provider’s stock valued at $5,277,000 after acquiring an additional 20,830 shares during the period. Diversified Enterprises LLC acquired a new position in shares of Templeton Dragon Fund during the 2nd quarter valued at $113,000. Almitas Capital LLC increased its position in shares of Templeton Dragon Fund by 111.1% during the 1st quarter. Almitas Capital LLC now owns 25,175 shares of the financial services provider’s stock valued at $244,000 after purchasing an additional 13,250 shares during the period. Landscape Capital Management L.L.C. increased its position in shares of Templeton Dragon Fund by 328.6% during the 1st quarter. Landscape Capital Management L.L.C. now owns 46,363 shares of the financial services provider’s stock valued at $450,000 after purchasing an additional 35,546 shares during the period. Finally, Compound Planning Inc. acquired a new position in shares of Templeton Dragon Fund during the 1st quarter valued at $539,000. 47.20% of the stock is currently owned by institutional investors and hedge funds.

Templeton Dragon Fund Trading Up 0.2%

Shares of TDF stock opened at $11.43 on Friday. Templeton Dragon Fund, Inc. has a 1 year low of $8.07 and a 1 year high of $12.04. The business’s fifty day moving average is $11.29 and its 200-day moving average is $10.23.

Templeton Dragon Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 18th were given a dividend of $0.10 per share. The ex-dividend date was Thursday, September 18th. This represents a $0.40 annualized dividend and a dividend yield of 3.5%.

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.