Lazard Asset Management LLC trimmed its position in CENTRAL EURO FD (NYSE:CEE) by 21.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,081,410 shares of the closed-end fund’s stock after selling 299,388 shares during the quarter. Lazard Asset Management LLC’s holdings in CENTRAL EURO FD were worth $23,682,000 at the end of the most recent reporting period.
Separately, Deschutes Portfolio Strategy LLC increased its holdings in shares of CENTRAL EURO FD by 5.3% in the second quarter. Deschutes Portfolio Strategy LLC now owns 158,576 shares of the closed-end fund’s stock worth $3,473,000 after purchasing an additional 7,995 shares during the last quarter. Institutional investors own 41.91% of the company’s stock.
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Shares of CENTRAL EURO FD (CEE) opened at 24.56 on Thursday. The stock has a 50 day moving average price of $23.50 and a 200 day moving average price of $22.02. CENTRAL EURO FD has a one year low of $18.25 and a one year high of $25.58.
CENTRAL EURO FD Company Profile
The Central and Eastern Europe Fund, Inc(the fund), formerly The Central Europe, Russia and Turkey Fund, Inc, is a non-diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment in equity or equity-linked securities of issuers domiciled in Central Europe, Russia and Turkey.
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