Oarsman Capital Inc. Acquires 800 Shares of Central Fund of Canada Limited (CEF)

Oarsman Capital Inc. raised its holdings in Central Fund of Canada Limited (NYSEMKT:CEF) by 2.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,820 shares of the company’s stock after buying an additional 800 shares during the period. Oarsman Capital Inc.’s holdings in Central Fund of Canada Limited were worth $466,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in CEF. Arcadia Investment Management Corp MI bought a new position in shares of Central Fund of Canada Limited in the second quarter valued at $1,545,000. Oppenheimer & Co. Inc. lifted its stake in shares of Central Fund of Canada Limited by 23.8% in the second quarter. Oppenheimer & Co. Inc. now owns 232,347 shares of the company’s stock valued at $2,864,000 after buying an additional 44,670 shares in the last quarter. First Eagle Investment Management LLC bought a new position in shares of Central Fund of Canada Limited in the second quarter valued at $493,000. Catalyst Capital Advisors LLC lifted its stake in shares of Central Fund of Canada Limited by 12.3% in the second quarter. Catalyst Capital Advisors LLC now owns 114,000 shares of the company’s stock valued at $1,406,000 after buying an additional 12,500 shares in the last quarter. Finally, Marathon Capital Management lifted its stake in shares of Central Fund of Canada Limited by 5.2% in the second quarter. Marathon Capital Management now owns 178,300 shares of the company’s stock valued at $2,198,000 after buying an additional 8,875 shares in the last quarter.

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Shares of Central Fund of Canada Limited (NYSEMKT CEF) traded down 0.52% during mid-day trading on Monday, hitting $13.27. 190,007 shares of the stock traded hands. Central Fund of Canada Limited has a 1-year low of $11.22 and a 1-year high of $14.26. The company’s 50-day moving average price is $12.71 and its 200 day moving average price is $12.58.

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

About Central Fund of Canada Limited

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.

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

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