Central Fund of Canada Limited (CEF) Shares Sold by Citigroup Inc.

Citigroup Inc. decreased its holdings in Central Fund of Canada Limited (NYSEMKT:CEF) by 0.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,653,669 shares of the company’s stock after selling 900 shares during the quarter. Citigroup Inc.’s holdings in Central Fund of Canada Limited were worth $20,361,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Oppenheimer & Co. Inc. raised its position in shares of Central Fund of Canada Limited by 23.8% during the second quarter. Oppenheimer & Co. Inc. now owns 232,347 shares of the company’s stock worth $2,864,000 after acquiring an additional 44,670 shares during the last quarter. Pekin Singer Strauss Asset Management IL raised its position in shares of Central Fund of Canada Limited by 0.7% during the second quarter. Pekin Singer Strauss Asset Management IL now owns 592,809 shares of the company’s stock worth $7,303,000 after acquiring an additional 4,300 shares during the last quarter. National Planning Corp raised its position in shares of Central Fund of Canada Limited by 6.4% during the second quarter. National Planning Corp now owns 74,735 shares of the company’s stock worth $904,000 after acquiring an additional 4,501 shares during the last quarter. First Eagle Investment Management LLC bought a new stake in shares of Central Fund of Canada Limited during the second quarter worth $493,000. Finally, Marathon Capital Management raised its position in shares of Central Fund of Canada Limited by 5.2% during the second quarter. Marathon Capital Management now owns 178,300 shares of the company’s stock worth $2,198,000 after acquiring an additional 8,875 shares during the last quarter.

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Central Fund of Canada Limited (CEF) traded down 0.08% during midday trading on Wednesday, hitting $12.93. The stock had a trading volume of 197,318 shares. The company’s 50-day moving average price is $12.86 and its 200 day moving average price is $12.61. Central Fund of Canada Limited has a 52 week low of $11.22 and a 52 week high of $14.26.

The company also recently disclosed an annual dividend, which will be paid on Tuesday, November 14th. Investors of record on Tuesday, October 31st will be issued a dividend of $0.01 per share. This represents a dividend yield of 0.08%. The ex-dividend date is Monday, October 30th.

Central Fund of Canada Limited Company Profile

Central Fund of Canada Limited (Central Fund) is an investment holding company. The Company’s investment objective is to provide a secure, convenient, low-cost, exchange tradable investment alternative for investors interested in holding an investment in gold and silver bullion for long-term appreciation.

Institutional Ownership by Quarter for Central Fund of Canada Limited (NYSEMKT:CEF)

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