Templeton Dr Fd (TDF) Shares Sold by WESCAP Management Group Inc.
WESCAP Management Group Inc. reduced its holdings in Templeton Dr Fd (NYSE:TDF) by 10.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,335 shares of the financial services provider’s stock after selling 2,093 shares during the quarter. WESCAP Management Group Inc.’s holdings in Templeton Dr Fd were worth $369,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of TDF. Blue Bell Private Wealth Management LLC grew its position in shares of Templeton Dr Fd by 88.6% in the second quarter. Blue Bell Private Wealth Management LLC now owns 6,600 shares of the financial services provider’s stock valued at $133,000 after purchasing an additional 3,100 shares during the last quarter. Shaker Financial Services LLC acquired a new stake in Templeton Dr Fd during the second quarter worth about $257,000. Cambridge Investment Research Advisors Inc. grew its position in Templeton Dr Fd by 8.8% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 53,176 shares of the financial services provider’s stock worth $1,073,000 after buying an additional 4,283 shares in the last quarter. Advisory Alpha LLC acquired a new stake in Templeton Dr Fd during the second quarter worth about $1,346,000. Finally, Gramercy Funds Management LLC grew its position in Templeton Dr Fd by 10.0% during the second quarter. Gramercy Funds Management LLC now owns 99,007 shares of the financial services provider’s stock worth $1,997,000 after buying an additional 9,000 shares in the last quarter. 45.30% of the stock is currently owned by institutional investors.
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In other Templeton Dr Fd news, major shareholder City Of London Investment Grou sold 34,643 shares of the stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $21.25, for a total value of $736,163.75. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last three months, insiders sold 804,418 shares of company stock worth $17,573,344.
Templeton Dr Fd (TDF) traded down 0.33% during midday trading on Friday, reaching $21.30. The company had a trading volume of 19,646 shares. Templeton Dr Fd has a one year low of $16.00 and a one year high of $22.57. The stock’s 50 day moving average price is $21.49 and its 200-day moving average price is $19.98.
The business also recently declared a semiannual dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 11th will be issued a $0.3445 dividend. The ex-dividend date of this dividend is Friday, September 8th. This represents a yield of 3.09%.
About Templeton Dr Fd
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.
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