Oppenheimer & Close LLC cut its stake in shares of Central Fund of Canada Limited (NYSEMKT:CEF) by 0.7% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 147,840 shares of the company’s stock after selling 1,110 shares during the period. Central Fund of Canada Limited comprises about 1.9% of Oppenheimer & Close LLC’s holdings, making the stock its 13th biggest holding. Oppenheimer & Close LLC’s holdings in Central Fund of Canada Limited were worth $1,821,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of CEF. Arcadia Investment Management Corp MI acquired a new position in Central Fund of Canada Limited during the second quarter worth $1,545,000. Oppenheimer & Co. Inc. raised its position in 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 period. First Eagle Investment Management LLC acquired a new position in Central Fund of Canada Limited during the second quarter worth $493,000. Ameriprise Financial Inc. raised its position in Central Fund of Canada Limited by 26.8% during the second quarter. Ameriprise Financial Inc. now owns 125,553 shares of the company’s stock worth $1,548,000 after acquiring an additional 26,523 shares during the period. Finally, Catalyst Capital Advisors LLC raised its position in Central Fund of Canada Limited by 12.3% during the second quarter. Catalyst Capital Advisors LLC now owns 114,000 shares of the company’s stock worth $1,406,000 after acquiring an additional 12,500 shares during the period.

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Central Fund of Canada Limited (NYSEMKT:CEF) traded down 2.34% during midday trading on Monday, hitting $12.91. 254,107 shares of the stock were exchanged. Central Fund of Canada Limited has a one year low of $11.22 and a one year high of $14.26. The firm has a 50-day moving average price of $12.83 and a 200-day moving average price of $12.60.

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