Uncommon Cents Investing LLC Purchases 1,450 Shares of Templeton Dragon Fund, Inc. (NYSE:TDF)

Uncommon Cents Investing LLC raised its position in shares of Templeton Dragon Fund, Inc. (NYSE:TDF) by 0.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 478,461 shares of the financial services provider’s stock after purchasing an additional 1,450 shares during the period. Templeton Dragon Fund comprises 1.2% of Uncommon Cents Investing LLC’s portfolio, making the stock its 23rd biggest position. Uncommon Cents Investing LLC owned 1.89% of Templeton Dragon Fund worth $3,761,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of TDF. 1607 Capital Partners LLC raised its position in shares of Templeton Dragon Fund by 54.2% in the 3rd quarter. 1607 Capital Partners LLC now owns 115,477 shares of the financial services provider’s stock worth $986,000 after acquiring an additional 40,600 shares in the last quarter. International Assets Investment Management LLC increased its position in Templeton Dragon Fund by 754.3% during the 4th quarter. International Assets Investment Management LLC now owns 187,167 shares of the financial services provider’s stock valued at $1,529,000 after buying an additional 165,258 shares in the last quarter. Karpus Management Inc. increased its position in Templeton Dragon Fund by 61.6% during the 4th quarter. Karpus Management Inc. now owns 358,089 shares of the financial services provider’s stock valued at $2,926,000 after buying an additional 136,499 shares in the last quarter. Quarry LP acquired a new position in Templeton Dragon Fund during the 4th quarter valued at about $309,000. Finally, PNC Financial Services Group Inc. increased its position in Templeton Dragon Fund by 336.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 11,732 shares of the financial services provider’s stock valued at $96,000 after buying an additional 9,042 shares in the last quarter. 47.20% of the stock is owned by institutional investors.

Templeton Dragon Fund Trading Up 0.7 %

NYSE:TDF traded up $0.06 during mid-day trading on Thursday, hitting $8.12. 14,370 shares of the company’s stock traded hands, compared to its average volume of 26,895. The company has a fifty day moving average of $8.31 and a 200 day moving average of $7.98. Templeton Dragon Fund, Inc. has a twelve month low of $7.15 and a twelve month high of $10.13.

Templeton Dragon Fund Company 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.