Landscape Capital Management L.L.C. Purchases Shares of 10,817 Templeton Dragon Fund, Inc. (NYSE:TDF)

Landscape Capital Management L.L.C. purchased a new stake in Templeton Dragon Fund, Inc. (NYSE:TDF) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,817 shares of the financial services provider’s stock, valued at approximately $92,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Calamos Advisors LLC purchased a new stake in shares of Templeton Dragon Fund during the 4th quarter worth $139,000. HighTower Advisors LLC lifted its position in shares of Templeton Dragon Fund by 7.2% during the 3rd 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 during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Templeton Dragon Fund by 89.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 39,915 shares of the financial services provider’s stock worth $339,000 after purchasing an additional 18,815 shares during the last quarter. 180 Wealth Advisors LLC lifted its position in shares of Templeton Dragon Fund by 68.6% during the 4th quarter. 180 Wealth Advisors LLC now owns 174,524 shares of the financial services provider’s stock worth $1,482,000 after purchasing an additional 71,032 shares during the last quarter. Finally, Wolverine Asset Management LLC lifted its position in shares of Templeton Dragon Fund by 71.4% during the 4th quarter. Wolverine Asset Management LLC now owns 242,063 shares of the financial services provider’s stock worth $2,055,000 after purchasing an additional 100,819 shares during the last quarter. Hedge funds and other institutional investors own 47.20% of the company’s stock.

Templeton Dragon Fund Trading Up 4.3 %

Shares of NYSE:TDF opened at $8.57 on Thursday. The company’s fifty day moving average price is $9.42 and its 200 day moving average price is $8.98. Templeton Dragon Fund, Inc. has a 12 month low of $7.49 and a 12 month high of $10.41.

Templeton Dragon Fund Cuts Dividend

The firm also recently disclosed a — dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a $0.10 dividend. The ex-dividend date was Monday, March 17th. This represents a yield of 2.2%.

Templeton Dragon Fund 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.