Shares of ASA Gold and Precious Metals Limited (NYSE:ASA - Get Free Report) shot up 4.9% during mid-day trading on Friday . The stock traded as high as $29.59 and last traded at $30.02. 102,958 shares changed hands during trading, an increase of 91% from the average session volume of 53,781 shares. The stock had previously closed at $28.61.
ASA Gold and Precious Metals Stock Down 3.1 %
The stock has a 50 day moving average price of $25.60 and a 200 day moving average price of $22.55.
ASA Gold and Precious Metals Increases Dividend
The firm also recently declared a semi-annual dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Monday, May 5th will be issued a $0.03 dividend. This represents a yield of 0.2%. This is an increase from ASA Gold and Precious Metals's previous semi-annual dividend of $0.02. The ex-dividend date is Monday, May 5th.
Hedge Funds Weigh In On ASA Gold and Precious Metals
Several hedge funds have recently made changes to their positions in ASA. Sessa Capital IM L.P. boosted its holdings in ASA Gold and Precious Metals by 22.1% during the fourth quarter. Sessa Capital IM L.P. now owns 671,673 shares of the investment management company's stock worth $13,581,000 after buying an additional 121,673 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of ASA Gold and Precious Metals by 2.6% during the 4th quarter. Cetera Investment Advisers now owns 58,308 shares of the investment management company's stock valued at $1,179,000 after acquiring an additional 1,500 shares during the last quarter. Capstone Investment Advisors LLC boosted its stake in shares of ASA Gold and Precious Metals by 634.3% during the 4th quarter. Capstone Investment Advisors LLC now owns 266,221 shares of the investment management company's stock worth $5,383,000 after acquiring an additional 229,968 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of ASA Gold and Precious Metals in the 4th quarter worth $372,000. Finally, Walleye Capital LLC acquired a new stake in shares of ASA Gold and Precious Metals during the fourth quarter worth $346,000.
About ASA Gold and Precious Metals
(
Get Free Report)
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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