Janney Montgomery Scott LLC Trims Stake in Templeton Dragon Fund Inc (TDF)

Janney Montgomery Scott LLC trimmed its stake in shares of Templeton Dragon Fund Inc (NYSE:TDF) by 2.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,470 shares of the financial services provider’s stock after selling 745 shares during the period. Janney Montgomery Scott LLC’s holdings in Templeton Dragon Fund were worth $626,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of TDF. Parallel Advisors LLC lifted its position in shares of Templeton Dragon Fund by 104.3% during the 4th quarter. Parallel Advisors LLC now owns 1,724 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 880 shares during the period. Loeb Partners Corp acquired a new stake in shares of Templeton Dragon Fund during the 4th quarter valued at approximately $33,000. Capital Investment Advisory Services LLC acquired a new stake in shares of Templeton Dragon Fund during the 1st quarter valued at approximately $33,000. Financial & Investment Management Group Ltd. acquired a new stake in shares of Templeton Dragon Fund during the 4th quarter valued at approximately $173,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Templeton Dragon Fund during the 4th quarter valued at approximately $181,000. Institutional investors own 46.36% of the company’s stock.

TDF stock opened at $18.43 on Friday. Templeton Dragon Fund Inc has a 12-month low of $16.10 and a 12-month high of $23.17.

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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.

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Institutional Ownership by Quarter for Templeton Dragon Fund (NYSE:TDF)

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