Bank of Montreal Can Invests $432,000 in Central Securities Co. (NYSEAMERICAN:CET)

Bank of Montreal Can purchased a new position in shares of Central Securities Co. (NYSEAMERICAN:CET) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 11,813 shares of the company’s stock, valued at approximately $432,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ameritas Advisory Services LLC acquired a new stake in Central Securities in the 1st quarter valued at approximately $46,000. Virtu Financial LLC acquired a new stake in Central Securities in the 1st quarter valued at approximately $223,000. Colonial Trust Advisors raised its position in Central Securities by 2.2% in the 1st quarter. Colonial Trust Advisors now owns 45,763 shares of the company’s stock valued at $1,592,000 after buying an additional 1,000 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new stake in Central Securities in the 1st quarter valued at approximately $214,000. Finally, Tradition Wealth Management LLC acquired a new stake in Central Securities in the 1st quarter valued at approximately $59,000. Institutional investors and hedge funds own 8.68% of the company’s stock.

Central Securities Stock Up 0.4 %

CET stock opened at $35.90 on Friday. Central Securities Co. has a twelve month low of $33.01 and a twelve month high of $37.29.

Insider Buying and Selling at Central Securities

In other Central Securities news, VP Andrew J. O’neill bought 1,954 shares of Central Securities stock in a transaction dated Thursday, October 19th. The stock was bought at an average cost of $35.80 per share, for a total transaction of $69,953.20. Following the purchase, the vice president now owns 81,021 shares of the company’s stock, valued at approximately $2,900,551.80. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 11.00% of the company’s stock.

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.