Insider Buying: Templeton Dragon Fund Inc (TDF) Major Shareholder Purchases 30,000 Shares of Stock

Templeton Dragon Fund Inc (NYSE:TDF) major shareholder City Of London Investment Grou acquired 30,000 shares of the stock in a transaction dated Tuesday, January 2nd. The stock was bought at an average price of $21.74 per share, for a total transaction of $652,200.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Friday, December 29th, City Of London Investment Grou acquired 24,609 shares of Templeton Dragon Fund stock. The stock was bought at an average price of $21.42 per share, for a total transaction of $527,124.78.
  • On Friday, December 8th, City Of London Investment Grou acquired 40,000 shares of Templeton Dragon Fund stock. The stock was bought at an average price of $20.50 per share, for a total transaction of $820,000.00.
  • On Tuesday, October 31st, City Of London Investment Grou acquired 98,233 shares of Templeton Dragon Fund stock. The stock was bought at an average price of $21.45 per share, for a total transaction of $2,107,097.85.
  • On Thursday, October 12th, City Of London Investment Grou sold 26,845 shares of Templeton Dragon Fund stock. The shares were sold at an average price of $21.64, for a total value of $580,925.80.

Templeton Dragon Fund Inc (TDF) traded up $0.26 during mid-day trading on Wednesday, hitting $21.95. The stock had a trading volume of 72,840 shares, compared to its average volume of 81,550. Templeton Dragon Fund Inc has a 52 week low of $16.63 and a 52 week high of $22.57.

Hedge funds have recently added to or reduced their stakes in the company. IHT Wealth Management LLC bought a new stake in shares of Templeton Dragon Fund in the 2nd quarter valued at approximately $202,000. Doliver Capital Advisors LP acquired a new position in shares of Templeton Dragon Fund in the 3rd quarter worth approximately $272,000. Citadel Advisors LLC acquired a new position in shares of Templeton Dragon Fund in the 3rd quarter worth approximately $423,000. Royal Bank of Canada boosted its holdings in shares of Templeton Dragon Fund by 6.8% in the 2nd quarter. Royal Bank of Canada now owns 34,818 shares of the financial services provider’s stock worth $701,000 after acquiring an additional 2,210 shares in the last quarter. Finally, Stifel Financial Corp boosted its holdings in shares of Templeton Dragon Fund by 4.9% in the 2nd quarter. Stifel Financial Corp now owns 49,030 shares of the financial services provider’s stock worth $988,000 after acquiring an additional 2,305 shares in the last quarter. Institutional investors 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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