Bank of America Corp DE Has $5.62 Million Stake in Templeton Global Income Fund, Inc. (NYSE:GIM)

Bank of America Corp DE decreased its holdings in shares of Templeton Global Income Fund, Inc. (NYSE:GIM) by 4.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 883,133 shares of the financial services provider’s stock after selling 39,542 shares during the period. Bank of America Corp DE’s holdings in Templeton Global Income Fund were worth $5,617,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in GIM. Foundations Investment Advisors LLC boosted its stake in Templeton Global Income Fund by 26.1% during the 2nd quarter. Foundations Investment Advisors LLC now owns 262,060 shares of the financial services provider’s stock worth $1,669,000 after acquiring an additional 54,210 shares during the last quarter. RDA Financial Network boosted its stake in Templeton Global Income Fund by 56.7% during the 2nd quarter. RDA Financial Network now owns 18,330 shares of the financial services provider’s stock worth $117,000 after acquiring an additional 6,632 shares during the last quarter. Wiley BROS. Aintree Capital LLC boosted its stake in Templeton Global Income Fund by 87.5% during the 2nd quarter. Wiley BROS. Aintree Capital LLC now owns 22,500 shares of the financial services provider’s stock worth $143,000 after acquiring an additional 10,500 shares during the last quarter. AdvisorNet Financial Inc boosted its stake in Templeton Global Income Fund by 890.0% during the 2nd quarter. AdvisorNet Financial Inc now owns 19,800 shares of the financial services provider’s stock worth $126,000 after acquiring an additional 17,800 shares during the last quarter. Finally, Gilman Hill Asset Management LLC boosted its stake in Templeton Global Income Fund by 7.7% during the 2nd quarter. Gilman Hill Asset Management LLC now owns 35,000 shares of the financial services provider’s stock worth $223,000 after acquiring an additional 2,500 shares during the last quarter. 27.44% of the stock is currently owned by institutional investors and hedge funds.

Templeton Global Income Fund stock traded down $0.02 during midday trading on Monday, hitting $6.08. 3,090 shares of the stock were exchanged, compared to its average volume of 234,010. The company has a fifty day simple moving average of $6.13 and a two-hundred day simple moving average of $6.29. Templeton Global Income Fund, Inc. has a 52 week low of $5.95 and a 52 week high of $6.55.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.022 per share. This represents a $0.26 annualized dividend and a yield of 4.34%. The ex-dividend date of this dividend is Friday, October 11th.

About Templeton Global Income Fund

Templeton Global 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 fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P.

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Institutional Ownership by Quarter for Templeton Global Income Fund (NYSE:GIM)

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