The Central and Eastern Europe Fund, Inc. (NYSE:CEE) Stake Boosted by Uncommon Cents Investing LLC

Posted by Andrew Walz on Jan 20th, 2025

Uncommon Cents Investing LLC raised its holdings in shares of The Central and Eastern Europe Fund, Inc. (NYSE:CEE – Free Report) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 81,335 shares of the closed-end fund’s stock after purchasing an additional 1,700 shares during the period. Uncommon Cents Investing LLC owned about 1.29% of The Central and Eastern Europe Fund worth $888,000 as of its most recent SEC filing.

Separately, Nations Financial Group Inc. IA ADV raised its stake in The Central and Eastern Europe Fund by 0.5% during the third quarter. Nations Financial Group Inc. IA ADV now owns 218,016 shares of the closed-end fund’s stock worth $2,337,000 after acquiring an additional 1,100 shares during the period. 34.41% of the stock is currently owned by institutional investors and hedge funds.

The Central and Eastern Europe Fund Price Performance

Shares of NYSE CEE opened at $12.07 on Monday. The firm’s 50-day moving average price is $11.83 and its two-hundred day moving average price is $11.02. The Central and Eastern Europe Fund, Inc. has a 52-week low of $9.11 and a 52-week high of $13.36.

The Central and Eastern Europe Fund Cuts Dividend

The business also recently disclosed an annual dividend, which will be paid on Friday, January 31st. Investors of record on Monday, December 30th will be given a dividend of $0.3532 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a yield of 3.2%.

The Central and Eastern Europe Fund Company Profile

(Free Report)

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.