Templeton Emerging Markets Income Fund, Inc. (NYSE:TEI) Shares Sold by Creative Planning

Creative Planning trimmed its position in Templeton Emerging Markets Income Fund, Inc. (NYSE:TEI) by 12.3% in the fourth quarter, Holdings Channel reports. The firm owned 21,634 shares of the company’s stock after selling 3,029 shares during the quarter. Creative Planning’s holdings in Templeton Emerging Markets Income Fund were worth $199,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. FNY Investment Advisers LLC grew its stake in Templeton Emerging Markets Income Fund by 450.8% in the fourth quarter. FNY Investment Advisers LLC now owns 52,258 shares of the company’s stock worth $480,000 after purchasing an additional 42,771 shares in the last quarter. BB&T Securities LLC grew its stake in Templeton Emerging Markets Income Fund by 33.7% in the third quarter. BB&T Securities LLC now owns 145,580 shares of the company’s stock worth $1,327,000 after purchasing an additional 36,721 shares in the last quarter. Cetera Advisor Networks LLC grew its stake in Templeton Emerging Markets Income Fund by 24.5% in the third quarter. Cetera Advisor Networks LLC now owns 31,848 shares of the company’s stock worth $287,000 after purchasing an additional 6,257 shares in the last quarter. Wiley BROS. Aintree Capital LLC grew its stake in Templeton Emerging Markets Income Fund by 16.9% in the fourth quarter. Wiley BROS. Aintree Capital LLC now owns 15,200 shares of the company’s stock worth $140,000 after purchasing an additional 2,200 shares in the last quarter. Finally, OTA Financial Group L.P. acquired a new position in Templeton Emerging Markets Income Fund in the third quarter worth about $240,000.

Shares of TEI stock opened at $9.11 on Friday. The business has a 50 day moving average of $9.17 and a two-hundred day moving average of $9.20. Templeton Emerging Markets Income Fund, Inc. has a 52 week low of $8.79 and a 52 week high of $10.58.

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be paid a $0.061 dividend. This is an increase from Templeton Emerging Markets Income Fund’s previous monthly dividend of $0.06. This represents a $0.73 dividend on an annualized basis and a yield of 8.04%. The ex-dividend date of this dividend is Friday, February 14th.

About Templeton Emerging Markets Income Fund

Templeton Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc It is managed by Franklin Advisers, Inc The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in bonds issued by sovereign or sovereign-related entities and private sector companies.

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Institutional Ownership by Quarter for Templeton Emerging Markets Income Fund (NYSE:TEI)

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