Wolverine Asset Management LLC Acquires 76,137 Shares of Templeton Dragon Fund, Inc. (NYSE:TDF)

Wolverine Asset Management LLC lifted its holdings in shares of Templeton Dragon Fund, Inc. (NYSE:TDF - Free Report) by 116.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 141,244 shares of the financial services provider's stock after purchasing an additional 76,137 shares during the period. Wolverine Asset Management LLC owned about 0.56% of Templeton Dragon Fund worth $1,294,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. US Bancorp DE bought a new position in shares of Templeton Dragon Fund during the third quarter valued at about $33,000. Dakota Wealth Management purchased a new position in Templeton Dragon Fund in the 3rd quarter worth approximately $154,000. 180 Wealth Advisors LLC purchased a new position in Templeton Dragon Fund in the 2nd quarter worth approximately $271,000. Shaker Financial Services LLC boosted its stake in shares of Templeton Dragon Fund by 38.0% during the second quarter. Shaker Financial Services LLC now owns 99,946 shares of the financial services provider's stock valued at $802,000 after purchasing an additional 27,509 shares during the period. Finally, International Assets Investment Management LLC grew its holdings in shares of Templeton Dragon Fund by 855.8% in the third quarter. International Assets Investment Management LLC now owns 219,922 shares of the financial services provider's stock worth $2,014,000 after purchasing an additional 196,913 shares during the last quarter. Hedge funds and other institutional investors own 47.20% of the company's stock.

Templeton Dragon Fund Price Performance

Shares of NYSE TDF remained flat at $8.69 during mid-day trading on Wednesday. 16,100 shares of the company traded hands, compared to its average volume of 57,944. The business's 50-day moving average price is $8.73 and its 200 day moving average price is $8.32. Templeton Dragon Fund, Inc. has a 12 month low of $7.15 and a 12 month 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.