Bulldog Investors LLP reduced its stake in The Central and Eastern Europe Fund, Inc. (NYSE:CEE - Free Report) by 8.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 260,831 shares of the closed-end fund's stock after selling 24,000 shares during the period. Bulldog Investors LLP owned approximately 4.14% of The Central and Eastern Europe Fund worth $2,858,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in the stock. Uncommon Cents Investing LLC lifted its position in shares of The Central and Eastern Europe Fund by 2.1% during the 4th quarter. Uncommon Cents Investing LLC now owns 81,335 shares of the closed-end fund's stock valued at $888,000 after acquiring an additional 1,700 shares during the period. Truffle Hound Capital LLC acquired a new stake in The Central and Eastern Europe Fund during the fourth quarter worth about $1,638,000. Rangeley Capital LLC bought a new position in The Central and Eastern Europe Fund in the 4th quarter valued at about $1,212,000. Stifel Financial Corp raised its position in shares of The Central and Eastern Europe Fund by 2.8% in the 4th quarter. Stifel Financial Corp now owns 95,579 shares of the closed-end fund's stock valued at $1,044,000 after buying an additional 2,616 shares in the last quarter. Finally, Almitas Capital LLC lifted its holdings in shares of The Central and Eastern Europe Fund by 1.1% during the 4th quarter. Almitas Capital LLC now owns 180,190 shares of the closed-end fund's stock worth $1,968,000 after acquiring an additional 1,983 shares during the period. Institutional investors and hedge funds own 34.41% of the company's stock.
The Central and Eastern Europe Fund Stock Performance
NYSE:CEE traded up $0.06 during mid-day trading on Wednesday, reaching $14.72. The stock had a trading volume of 12,997 shares, compared to its average volume of 37,441. The Central and Eastern Europe Fund, Inc. has a 12 month low of $9.71 and a 12 month high of $16.71. The stock has a 50-day simple moving average of $14.19 and a two-hundred day simple moving average of $12.95.
About The Central and Eastern Europe Fund
(
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.
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