St. James Investment Company LLC reduced its position in shares of Central Fund of Canada Limited (NYSEMKT:CEF) by 8.2% during the second quarter, Holdings Channel reports. The fund owned 141,380 shares of the company’s stock after selling 12,601 shares during the period. Central Fund of Canada Limited makes up about 0.2% of St. James Investment Company LLC’s holdings, making the stock its 23rd largest position. St. James Investment Company LLC’s holdings in Central Fund of Canada Limited were worth $1,743,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Inverness Counsel LLC NY raised its stake in shares of Central Fund of Canada Limited by 24.1% in the second quarter. Inverness Counsel LLC NY now owns 40,219 shares of the company’s stock worth $496,000 after buying an additional 7,800 shares in the last quarter. A. D. Beadell Investment Counsel Inc. raised its stake in shares of Central Fund of Canada Limited by 2.9% in the second quarter. A. D. Beadell Investment Counsel Inc. now owns 55,865 shares of the company’s stock worth $688,000 after buying an additional 1,550 shares in the last quarter. Finally, Howland Capital Management LLC raised its stake in shares of Central Fund of Canada Limited by 0.6% in the second quarter. Howland Capital Management LLC now owns 205,513 shares of the company’s stock worth $2,534,000 after buying an additional 1,255 shares in the last quarter.

Shares of Central Fund of Canada Limited (NYSEMKT CEF) opened at 12.37 on Wednesday. The firm’s 50-day moving average price is $12.25 and its 200-day moving average price is $12.49. Central Fund of Canada Limited has a one year low of $11.22 and a one year high of $14.46.

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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.

Want to see what other hedge funds are holding CEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Central Fund of Canada Limited (NYSEMKT:CEF).

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

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