Templeton Global Income Fund, I shares had a trading volume of 21K on Friday. Shares saw a steep decrease in trading volume of 95.98% under the normal average daily volume.
Here are a few additional firms who have increased or decreased their stake in (GIM). Cornerstone Financial Partners, LLC trimmed its investment by shedding 142,855 shares a decrease of 10.5% from 03/31/2017 to 06/30/2017. Cornerstone Financial Partners, LLC currently owns 1,217,988 shares with a value of $8,189,000. The value of the position overall is down by 9.5%. As of quarter end Davenport & Co LLC had sold a total of 2,091 shares trimming its holdings by 5.2%. The value of the investment in GIM went from $258,000 to $254,000 a change of 1.6% for the reporting period.
As of the end of the quarter Financial & Investment Management Group Ltd had acquired 412,873 shares growing its stake by 63.4%. The value of the total investment in Templeton Global Income Fund, I increased from $4,333,000 to $7,153,000 increasing 65.1% quarter over quarter. Creative Planning expanded its ownership by buying 11 shares an increase of 0.1%. Creative Planning owns 11,916 shares valued at $80,000. The total value of its holdings increased 1.3%.
In the market the company is trading down by -0.15% since yesterday’s close of $6.73. The stock is trading at $6.72 a bit higher than $6.69, the stock’s 50 day moving average and which is a tad above the 200 day moving average of $6.64. The 50 day moving average moved up $0.04 whereas the 200 day moving average was up $0.09 or +1.38%.
Templeton Global Income Fund (the Fund), launched on December 12, 2003, is a closed-end investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation. Under normal market conditions, the Fund invests at least 80% of its net assets in income-producing securities, including debt securities of U.S. and foreign issuers, including emerging markets..