Wells Fargo & Company MN Cuts Position in Central and Eastern Europe Fund Inc (CEE)

Wells Fargo & Company MN cut its stake in Central and Eastern Europe Fund Inc (NYSE:CEE) by 0.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 629,225 shares of the closed-end fund’s stock after selling 3,720 shares during the quarter. Wells Fargo & Company MN owned about 8.47% of Central and Eastern Europe Fund worth $15,554,000 at the end of the most recent quarter.

Separately, Deschutes Portfolio Strategy LLC raised its position in Central and Eastern Europe Fund by 10.9% in the third quarter. Deschutes Portfolio Strategy LLC now owns 175,815 shares of the closed-end fund’s stock valued at $4,346,000 after purchasing an additional 17,239 shares during the period. 42.20% of the stock is owned by institutional investors and hedge funds.

Central and Eastern Europe Fund Inc (NYSE CEE) opened at $24.71 on Friday. Central and Eastern Europe Fund Inc has a 52-week low of $19.74 and a 52-week high of $25.58.

The business also recently disclosed an annual dividend, which will be paid on Friday, January 26th. Shareholders of record on Friday, December 29th will be given a $0.5615 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This is a positive change from Central and Eastern Europe Fund’s previous annual dividend of $0.32. This represents a yield of 2.27%.

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Central and Eastern Europe Fund Company Profile

The Central and Eastern Europe Fund, Inc(the fund), formerly The Central Europe, Russia and Turkey Fund, Inc, is a non-diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment in equity or equity-linked securities of issuers domiciled in Central Europe, Russia and Turkey.

Institutional Ownership by Quarter for Central and Eastern Europe Fund (NYSE:CEE)

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