Rangeley Capital LLC Invests $1.21 Million in The Central and Eastern Europe Fund, Inc. (NYSE:CEE)

Rangeley Capital LLC bought a new position in The Central and Eastern Europe Fund, Inc. (NYSE:CEE - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 111,000 shares of the closed-end fund's stock, valued at approximately $1,212,000. The Central and Eastern Europe Fund comprises about 1.1% of Rangeley Capital LLC's investment portfolio, making the stock its 27th biggest position. Rangeley Capital LLC owned approximately 1.76% of The Central and Eastern Europe Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Uncommon Cents Investing LLC boosted its stake in shares of The Central and Eastern Europe Fund by 2.1% during the 4th quarter. Uncommon Cents Investing LLC now owns 81,335 shares of the closed-end fund's stock valued at $888,000 after purchasing an additional 1,700 shares in the last quarter. 34.41% of the stock is owned by institutional investors and hedge funds.

The Central and Eastern Europe Fund Price Performance

CEE stock traded up $0.35 during trading on Tuesday, reaching $12.79. The company had a trading volume of 20,142 shares, compared to its average volume of 35,813. The Central and Eastern Europe Fund, Inc. has a 52 week low of $9.37 and a 52 week high of $16.71. The business has a 50 day moving average of $14.33 and a 200 day moving average of $12.43.

The Central and Eastern Europe Fund Company Profile

The Central and Eastern Europe Fund, Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets across Central and Eastern Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.