180 Wealth Advisors LLC Has $1.48 Million Stock Position in Templeton Dragon Fund, Inc. (NYSE:TDF)

180 Wealth Advisors LLC boosted its stake in shares of Templeton Dragon Fund, Inc. (NYSE:TDF) by 68.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 174,524 shares of the financial services provider’s stock after purchasing an additional 71,032 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Templeton Dragon Fund were worth $1,482,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. US Bancorp DE purchased a new position in shares of Templeton Dragon Fund during the third quarter valued at $33,000. Dakota Wealth Management acquired a new position in shares of Templeton Dragon Fund in the 3rd quarter valued at about $154,000. HighTower Advisors LLC lifted its position in shares of Templeton Dragon Fund by 7.2% in the third quarter. HighTower Advisors LLC now owns 21,629 shares of the financial services provider’s stock worth $192,000 after purchasing an additional 1,449 shares in the last quarter. Wolverine Asset Management LLC increased its stake in Templeton Dragon Fund by 116.9% in the 3rd quarter. Wolverine Asset Management LLC now owns 141,244 shares of the financial services provider’s stock valued at $1,294,000 after buying an additional 76,137 shares during the period. Finally, International Assets Investment Management LLC lifted its position in Templeton Dragon Fund by 855.8% in the 3rd quarter. International Assets Investment Management LLC now owns 219,922 shares of the financial services provider’s stock worth $2,014,000 after buying an additional 196,913 shares in the last quarter. 47.20% of the stock is owned by hedge funds and other institutional investors.

Templeton Dragon Fund Stock Performance

Templeton Dragon Fund stock opened at $8.08 on Tuesday. Templeton Dragon Fund, Inc. has a 12 month low of $7.15 and a 12 month high of $10.41. The company’s fifty day simple moving average is $8.59 and its 200-day simple moving average is $8.38.

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.