Beacon Pointe Advisors LLC reduced its stake in shares of ASA Gold and Precious Metals Limited (NYSE:ASA – Free Report) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,090 shares of the investment management company’s stock after selling 1,725 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in ASA Gold and Precious Metals were worth $544,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of ASA. Wolverine Asset Management LLC lifted its stake in shares of ASA Gold and Precious Metals by 96.6% in the 4th quarter. Wolverine Asset Management LLC now owns 8,652 shares of the investment management company’s stock worth $130,000 after acquiring an additional 4,252 shares during the period. Blue Bell Private Wealth Management LLC boosted its stake in ASA Gold and Precious Metals by 82.4% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 32,122 shares of the investment management company’s stock valued at $484,000 after purchasing an additional 14,509 shares in the last quarter. Raymond James & Associates increased its position in shares of ASA Gold and Precious Metals by 2.6% during the 4th quarter. Raymond James & Associates now owns 638,436 shares of the investment management company’s stock valued at $9,615,000 after purchasing an additional 16,280 shares during the period. International Assets Investment Management LLC bought a new stake in shares of ASA Gold and Precious Metals in the 4th quarter worth $522,000. Finally, Saba Capital Management L.P. lifted its holdings in shares of ASA Gold and Precious Metals by 59.1% in the third quarter. Saba Capital Management L.P. now owns 1,788,420 shares of the investment management company’s stock valued at $23,840,000 after buying an additional 664,321 shares during the period.
ASA Gold and Precious Metals Stock Down 0.9 %
NYSE:ASA opened at $18.45 on Friday. The business’s 50-day moving average price is $16.89 and its 200 day moving average price is $15.38. ASA Gold and Precious Metals Limited has a 52-week low of $12.80 and a 52-week high of $19.50.
ASA Gold and Precious Metals Increases Dividend
The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, May 16th. Stockholders of record on Monday, May 6th were paid a $0.02 dividend. The ex-dividend date of this dividend was Friday, May 3rd. This represents a dividend yield of 0.1%. This is a boost from ASA Gold and Precious Metals’s previous Semi-Annual dividend of $0.01.
About ASA Gold and Precious Metals
ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds.
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