Allspring Global Investments Holdings LLC Has $19.39 Million Position in Templeton Dragon Fund, Inc. (NYSE:TDF)

Allspring Global Investments Holdings LLC cut its position in shares of Templeton Dragon Fund, Inc. (NYSE:TDF) by 0.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,998,656 shares of the financial services provider’s stock after selling 15,390 shares during the quarter. Allspring Global Investments Holdings LLC owned 7.88% of Templeton Dragon Fund worth $19,387,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Elequin Capital LP bought a new position in shares of Templeton Dragon Fund in the 4th quarter valued at about $38,000. Landscape Capital Management L.L.C. acquired a new position in Templeton Dragon Fund during the fourth quarter valued at approximately $92,000. Almitas Capital LLC bought a new position in Templeton Dragon Fund in the fourth quarter valued at approximately $101,000. Wells Fargo & Company MN increased its position in shares of Templeton Dragon Fund by 5.6% during the 4th quarter. Wells Fargo & Company MN now owns 20,750 shares of the financial services provider’s stock worth $176,000 after purchasing an additional 1,107 shares during the last quarter. Finally, Cohen & Steers Inc. acquired a new position in shares of Templeton Dragon Fund during the 4th quarter worth approximately $255,000. Institutional investors own 47.20% of the company’s stock.

Templeton Dragon Fund Price Performance

NYSE:TDF opened at $9.97 on Thursday. Templeton Dragon Fund, Inc. has a 1-year low of $7.49 and a 1-year high of $10.41. The firm has a fifty day simple moving average of $9.70 and a 200 day simple moving average of $9.25.

Templeton Dragon Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date was Monday, June 16th.

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.