Public Employees Retirement System of Ohio Makes New Investment in Templeton Dragon Fund, Inc. (NYSE:TDF)

Public Employees Retirement System of Ohio acquired a new position in shares of Templeton Dragon Fund, Inc. (NYSE:TDF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,192,335 shares of the financial services provider’s stock, valued at approximately $10,922,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. HighTower Advisors LLC lifted its position in Templeton Dragon Fund by 7.2% in the third 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 period. Wolverine Asset Management LLC raised its stake in shares of Templeton Dragon Fund by 116.9% in the 3rd quarter. Wolverine Asset Management LLC now owns 141,244 shares of the financial services provider’s stock valued at $1,294,000 after buying an additional 76,137 shares in the last quarter. US Bancorp DE bought a new position in shares of Templeton Dragon Fund during the 3rd quarter worth about $33,000. Dakota Wealth Management acquired a new stake in shares of Templeton Dragon Fund during the 3rd quarter valued at about $154,000. Finally, International Assets Investment Management LLC boosted its position in shares of Templeton Dragon Fund by 855.8% during the 3rd quarter. International Assets Investment Management LLC now owns 219,922 shares of the financial services provider’s stock valued at $2,014,000 after acquiring an additional 196,913 shares in the last quarter. 47.20% of the stock is currently owned by institutional investors.

Templeton Dragon Fund Price Performance

NYSE:TDF opened at $8.68 on Thursday. Templeton Dragon Fund, Inc. has a 12-month low of $7.15 and a 12-month high of $10.41. The firm has a 50-day moving average price of $8.89 and a 200 day moving average price of $8.33.

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.