Accel Wealth Management Purchases 341 Shares of Central Securities Co. (NYSE:CET)

Accel Wealth Management increased its position in shares of Central Securities Co. (NYSE:CET) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,931 shares of the company’s stock after purchasing an additional 341 shares during the quarter. Accel Wealth Management’s holdings in Central Securities were worth $300,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CET. NBC Securities Inc. bought a new position in Central Securities in the 3rd quarter valued at approximately $57,000. Quad Cities Investment Group LLC grew its position in shares of Central Securities by 3.7% during the 4th quarter. Quad Cities Investment Group LLC now owns 7,503 shares of the company’s stock worth $281,000 after buying an additional 268 shares during the period. Advisor Partners II LLC acquired a new stake in shares of Central Securities during the 3rd quarter worth approximately $391,000. City of London Investment Management Co. Ltd. grew its position in Central Securities by 15.6% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 11,500 shares of the company’s stock valued at $408,000 after purchasing an additional 1,550 shares during the period. Finally, UBS Group AG grew its position in Central Securities by 4.7% in the 3rd quarter. UBS Group AG now owns 22,097 shares of the company’s stock valued at $783,000 after purchasing an additional 991 shares during the period. Institutional investors own 8.68% of the company’s stock.

Central Securities Trading Up 0.7 %

NYSE CET traded up $0.28 during mid-day trading on Thursday, hitting $41.76. The company’s stock had a trading volume of 29,968 shares, compared to its average volume of 41,634. The firm’s 50 day moving average price is $38.94. Central Securities Co. has a twelve month low of $33.85 and a twelve month high of $41.80.

About Central Securities

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.