Karpus Management Inc. decreased its holdings in Templeton Emerging Markets (NYSE:EMF) by 7.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,989 shares of the financial services provider’s stock after selling 13,238 shares during the period. Karpus Management Inc. owned about 0.87% of Templeton Emerging Markets worth $2,572,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of EMF. BB&T Securities LLC increased its holdings in shares of Templeton Emerging Markets by 1.8% in the 2nd quarter. BB&T Securities LLC now owns 11,575 shares of the financial services provider’s stock worth $173,000 after purchasing an additional 200 shares in the last quarter. Advisor Group Inc. grew its holdings in shares of Templeton Emerging Markets by 58.7% in the third quarter. Advisor Group Inc. now owns 14,238 shares of the financial services provider’s stock worth $234,000 after acquiring an additional 5,265 shares during the period. Oppenheimer & Co. Inc. bought a new stake in shares of Templeton Emerging Markets in the third quarter worth $646,000. Rathbone Brothers plc grew its holdings in shares of Templeton Emerging Markets by 17.1% in the second quarter. Rathbone Brothers plc now owns 44,510 shares of the financial services provider’s stock worth $664,000 after acquiring an additional 6,485 shares during the period. Finally, Flagship Harbor Advisors LLC grew its holdings in shares of Templeton Emerging Markets by 22.7% in the second quarter. Flagship Harbor Advisors LLC now owns 65,462 shares of the financial services provider’s stock worth $977,000 after acquiring an additional 12,105 shares during the period. 32.22% of the stock is owned by institutional investors and hedge funds.

Shares of Templeton Emerging Markets (NYSE:EMF) opened at $15.88 on Friday. Templeton Emerging Markets has a fifty-two week low of $11.60 and a fifty-two week high of $17.76.

The business also recently disclosed an annual dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.2491 per share. This is a positive change from Templeton Emerging Markets’s previous annual dividend of $0.20. This represents a yield of 1.46%. The ex-dividend date is Thursday, December 14th.

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About Templeton Emerging Markets

Templeton Emerging Markets Fund is a closed-end management investment company. The Fund seeks long-term capital appreciation by investing, under normal market conditions, at least over 80% of its net assets in emerging country equity securities or those companies, which derive a proportion of their revenues from emerging economies.

Institutional Ownership by Quarter for Templeton Emerging Markets (NYSE:EMF)

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