Closed End Fund Advisors Inc. Buys Shares of 10,927 Central Securities Corporation $CET

Closed End Fund Advisors Inc. bought a new stake in Central Securities Corporation (NYSEAMERICAN:CET) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,927 shares of the company’s stock, valued at approximately $554,000.

Several other large investors have also recently bought and sold shares of the company. Bulldog Investors LLP increased its stake in Central Securities by 4.9% in the third quarter. Bulldog Investors LLP now owns 386,046 shares of the company’s stock valued at $19,831,000 after purchasing an additional 17,962 shares in the last quarter. Raymond James Financial Inc. increased its stake in Central Securities by 2.3% in the third quarter. Raymond James Financial Inc. now owns 312,216 shares of the company’s stock valued at $16,039,000 after purchasing an additional 6,912 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its stake in Central Securities by 8.2% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 311,489 shares of the company’s stock valued at $15,796,000 after purchasing an additional 23,696 shares in the last quarter. Chilton Investment Co. Inc. increased its stake in Central Securities by 1.0% in the third quarter. Chilton Investment Co. Inc. now owns 102,254 shares of the company’s stock valued at $5,253,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in Central Securities by 3.9% in the first quarter. Royal Bank of Canada now owns 66,549 shares of the company’s stock valued at $2,993,000 after purchasing an additional 2,521 shares in the last quarter. Institutional investors own 8.68% of the company’s stock.

Central Securities Trading Down 1.1%

Central Securities stock opened at $52.50 on Friday. Central Securities Corporation has a twelve month low of $46.47 and a twelve month high of $54.28. The company has a 50 day moving average of $52.25 and a 200-day moving average of $51.47.

Central Securities Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a $0.31 dividend. This represents a dividend yield of 116.0%. The ex-dividend date is Friday, June 12th.

Central Securities Company Profile

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations. Central Securities Corp. was founded on October 1, 1929 and is based in New York City.