Templeton Dragon Fund, Inc. (NYSE:TDF) Shares Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC increased its position in Templeton Dragon Fund, Inc. (NYSE:TDF) by 71.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 242,063 shares of the financial services provider’s stock after buying an additional 100,819 shares during the quarter. Wolverine Asset Management LLC owned about 0.95% of Templeton Dragon Fund worth $2,055,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. US Bancorp DE purchased a new position in shares of Templeton Dragon Fund in the 3rd quarter worth about $33,000. Calamos Advisors LLC acquired a new stake in Templeton Dragon Fund during the 4th quarter worth approximately $139,000. Dakota Wealth Management purchased a new position in Templeton Dragon Fund in the third quarter valued at approximately $154,000. HighTower Advisors LLC lifted its position in Templeton Dragon Fund by 7.2% during the third quarter. HighTower Advisors LLC now owns 21,629 shares of the financial services provider’s stock valued at $192,000 after buying an additional 1,449 shares in the last quarter. Finally, 180 Wealth Advisors LLC lifted its position in Templeton Dragon Fund by 68.6% during the fourth quarter. 180 Wealth Advisors LLC now owns 174,524 shares of the financial services provider’s stock valued at $1,482,000 after buying an additional 71,032 shares in the last quarter. Institutional investors and hedge funds own 47.20% of the company’s stock.

Templeton Dragon Fund Price Performance

Templeton Dragon Fund stock opened at $9.73 on Friday. The firm has a fifty day moving average of $8.69 and a 200-day moving average of $8.55. Templeton Dragon Fund, Inc. has a 52-week low of $7.49 and a 52-week high of $10.41.

About Templeton Dragon Fund

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.