Insider Buying: Templeton Dragon Fund Inc (TDF) Major Shareholder Purchases $527,124.78 in Stock

Templeton Dragon Fund Inc (NYSE:TDF) major shareholder City Of London Investment Grou acquired 24,609 shares of the company’s stock in a transaction that occurred on Friday, December 29th. The shares were acquired at an average price of $21.42 per share, with a total value of $527,124.78. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Large shareholders that own 10% or more 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):

  • On Tuesday, January 2nd, City Of London Investment Grou bought 30,000 shares of Templeton Dragon Fund stock. The stock was purchased at an average price of $21.74 per share, with a total value of $652,200.00.
  • On Friday, December 8th, City Of London Investment Grou bought 40,000 shares of Templeton Dragon Fund stock. The stock was purchased at an average price of $20.50 per share, with a total value of $820,000.00.
  • On Tuesday, October 31st, City Of London Investment Grou bought 98,233 shares of Templeton Dragon Fund stock. The stock was purchased at an average price of $21.45 per share, with a total value of $2,107,097.85.
  • On Thursday, October 12th, City Of London Investment Grou sold 26,845 shares of Templeton Dragon Fund stock. The stock was sold at an average price of $21.64, for a total value of $580,925.80.

Shares of Templeton Dragon Fund Inc (NYSE TDF) opened at $22.39 on Friday. Templeton Dragon Fund Inc has a 1-year low of $16.71 and a 1-year high of $22.57.

Several hedge funds have recently modified their holdings of the business. Wells Fargo & Company MN lifted its holdings in shares of Templeton Dragon Fund by 10.3% in the 3rd quarter. Wells Fargo & Company MN now owns 2,739,816 shares of the financial services provider’s stock worth $56,988,000 after buying an additional 255,340 shares during the period. Sii Investments Inc. WI lifted its holdings in shares of Templeton Dragon Fund by 34.8% in the 2nd quarter. Sii Investments Inc. WI now owns 315,784 shares of the financial services provider’s stock worth $6,336,000 after buying an additional 81,510 shares during the period. Gramercy Funds Management LLC lifted its holdings in shares of Templeton Dragon Fund by 27.5% in the 3rd quarter. Gramercy Funds Management LLC now owns 126,207 shares of the financial services provider’s stock worth $2,625,000 after buying an additional 27,200 shares during the period. Advisory Alpha LLC lifted its holdings in shares of Templeton Dragon Fund by 38.2% in the 3rd quarter. Advisory Alpha LLC now owns 87,707 shares of the financial services provider’s stock worth $1,915,000 after buying an additional 24,232 shares during the period. Finally, Stifel Financial Corp lifted its holdings in shares of Templeton Dragon Fund by 9.9% in the 3rd quarter. Stifel Financial Corp now owns 53,892 shares of the financial services provider’s stock worth $1,124,000 after buying an additional 4,862 shares during the period. Institutional investors and hedge funds own 42.93% of the company’s stock.

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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)

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