Central Securities Co. (NYSE:CET) Shares Bought by Blue Bell Private Wealth Management LLC

Blue Bell Private Wealth Management LLC increased its position in shares of Central Securities Co. (NYSE:CET - Free Report) by 8.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 207,993 shares of the company's stock after acquiring an additional 15,352 shares during the period. Central Securities comprises 1.8% of Blue Bell Private Wealth Management LLC's holdings, making the stock its 8th largest holding. Blue Bell Private Wealth Management LLC owned approximately 0.72% of Central Securities worth $9,351,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bulldog Investors LLP lifted its holdings in Central Securities by 0.3% during the 4th quarter. Bulldog Investors LLP now owns 252,521 shares of the company's stock worth $11,522,000 after buying an additional 660 shares during the period. Shaker Financial Services LLC increased its position in Central Securities by 20.3% during the 4th quarter. Shaker Financial Services LLC now owns 167,641 shares of the company's stock valued at $7,659,000 after purchasing an additional 28,288 shares during the period. Pathstone Holdings LLC lifted its position in shares of Central Securities by 13.2% in the 4th quarter. Pathstone Holdings LLC now owns 158,649 shares of the company's stock worth $7,241,000 after purchasing an additional 18,451 shares during the period. Thomas J. Herzfeld Advisors Inc. boosted its stake in shares of Central Securities by 0.5% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 82,237 shares of the company's stock valued at $3,757,000 after purchasing an additional 386 shares during the last quarter. Finally, Colonial Trust Advisors increased its position in shares of Central Securities by 2.9% during the fourth quarter. Colonial Trust Advisors now owns 48,760 shares of the company's stock worth $2,228,000 after buying an additional 1,352 shares during the period. Institutional investors and hedge funds own 8.68% of the company's stock.

Central Securities Trading Up 0.8%

Shares of CET opened at $48.40 on Friday. The business's fifty day moving average is $47.26 and its 200 day moving average is $46.05. Central Securities Co. has a 12-month low of $40.24 and a 12-month high of $49.51.

Central Securities Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Tuesday, June 17th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date of this dividend was Tuesday, June 17th.

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.

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