City of London Investment Management Co. Ltd. Has $905,000 Holdings in Central Securities Co. (NYSE:CET)

City of London Investment Management Co. Ltd. trimmed its position in Central Securities Co. (NYSE:CET) by 39.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,550 shares of the company’s stock after selling 13,174 shares during the quarter. City of London Investment Management Co. Ltd.’s holdings in Central Securities were worth $905,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CET. Evanson Asset Management LLC raised its stake in shares of Central Securities by 12.4% in the 2nd quarter. Evanson Asset Management LLC now owns 5,576 shares of the company’s stock valued at $245,000 after buying an additional 615 shares in the last quarter. Harbor Investment Advisory LLC acquired a new stake in Central Securities during the first quarter valued at approximately $35,000. S&CO Inc. grew its stake in shares of Central Securities by 4.5% in the 4th quarter. S&CO Inc. now owns 19,588 shares of the company’s stock valued at $739,000 after purchasing an additional 837 shares during the period. FFT Wealth Management LLC raised its holdings in shares of Central Securities by 5.9% in the 2nd quarter. FFT Wealth Management LLC now owns 21,596 shares of the company’s stock worth $951,000 after buying an additional 1,194 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC lifted its holdings in shares of Central Securities by 2.0% during the second quarter. Blue Bell Private Wealth Management LLC now owns 95,565 shares of the company’s stock valued at $4,207,000 after acquiring an additional 1,911 shares during the period. 8.68% of the stock is owned by institutional investors.

Central Securities Price Performance

Shares of CET stock opened at $45.18 on Monday. Central Securities Co. has a 12-month low of $34.58 and a 12-month high of $45.38. The firm has a 50-day moving average price of $43.96 and a 200 day moving average price of $42.58.

Central Securities 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.