Accel Wealth Management Buys 562 Shares of Central Securities Co. $CET

Accel Wealth Management lifted its stake in Central Securities Co. (NYSE:CET) by 8.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 7,482 shares of the company’s stock after purchasing an additional 562 shares during the quarter. Accel Wealth Management’s holdings in Central Securities were worth $358,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in CET. NBC Securities Inc. purchased a new stake in shares of Central Securities during the first quarter worth about $42,000. Farther Finance Advisors LLC grew its position in shares of Central Securities by 763.5% during the first quarter. Farther Finance Advisors LLC now owns 639 shares of the company’s stock worth $29,000 after purchasing an additional 565 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Central Securities by 1.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 16,294 shares of the company’s stock worth $733,000 after purchasing an additional 300 shares in the last quarter. Joel Isaacson & Co. LLC purchased a new stake in shares of Central Securities during the first quarter worth about $678,000. Finally, Blue Bell Private Wealth Management LLC grew its position in shares of Central Securities by 8.0% during the first quarter. Blue Bell Private Wealth Management LLC now owns 207,993 shares of the company’s stock worth $9,351,000 after purchasing an additional 15,352 shares in the last quarter. Hedge funds and other institutional investors own 8.68% of the company’s stock.

Central Securities Trading Up 1.3%

NYSE:CET opened at $51.98 on Monday. Central Securities Co. has a 12-month low of $40.24 and a 12-month high of $52.08. The stock has a 50-day moving average price of $50.02 and a 200 day moving average price of $47.33.

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.