Gabelli Funds LLC Sells 4,500 Shares of The Central and Eastern Europe Fund, Inc. (NYSE:CEE)

Gabelli Funds LLC lowered its position in The Central and Eastern Europe Fund, Inc. (NYSE:CEE) by 3.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 130,000 shares of the closed-end fund’s stock after selling 4,500 shares during the period. Gabelli Funds LLC’s holdings in The Central and Eastern Europe Fund were worth $1,238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Madison Avenue Partners LP lifted its stake in The Central and Eastern Europe Fund by 29.8% in the fourth quarter. Madison Avenue Partners LP now owns 273,957 shares of the closed-end fund’s stock worth $2,671,000 after purchasing an additional 62,927 shares during the last quarter. Bulldog Investors LLP lifted its stake in The Central and Eastern Europe Fund by 728.7% in the fourth quarter. Bulldog Investors LLP now owns 272,227 shares of the closed-end fund’s stock worth $2,654,000 after purchasing an additional 239,378 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in The Central and Eastern Europe Fund by 79.8% in the first quarter. Nations Financial Group Inc. IA ADV now owns 207,736 shares of the closed-end fund’s stock worth $1,978,000 after purchasing an additional 92,220 shares during the last quarter. Investment Partners Asset Management Inc. bought a new stake in The Central and Eastern Europe Fund in the fourth quarter worth about $305,000. Finally, Vanguard Capital Wealth Advisors bought a new stake in The Central and Eastern Europe Fund in the fourth quarter worth about $135,000. Institutional investors own 34.41% of the company’s stock.

The Central and Eastern Europe Fund Stock Up 0.2 %

NYSE CEE traded up $0.02 during trading on Friday, hitting $10.85. The stock had a trading volume of 20,017 shares, compared to its average volume of 13,372. The Central and Eastern Europe Fund, Inc. has a one year low of $7.98 and a one year high of $11.18. The stock has a 50 day simple moving average of $10.59 and a 200 day simple moving average of $10.01.

The Central and Eastern Europe Fund Company Profile

The Central and Eastern Europe Fund, Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets across Central and Eastern Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.