Allspring Global Investments Holdings LLC reduced its holdings in shares of General American Investors Company, Inc. (NYSE:GAM - Free Report) by 2.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 548,958 shares of the investment management company's stock after selling 11,077 shares during the period. Allspring Global Investments Holdings LLC owned 2.29% of General American Investors worth $29,430,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its position in General American Investors by 122.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 686 shares of the investment management company's stock valued at $34,000 after acquiring an additional 378 shares during the period. BNP Paribas bought a new stake in General American Investors during the 1st quarter valued at about $35,000. Integrated Capital Management Inc. bought a new stake in General American Investors during the 2nd quarter valued at about $206,000. Matisse Capital bought a new stake in General American Investors during the 1st quarter valued at about $247,000. Finally, Cetera Advisors LLC bought a new stake in General American Investors during the 1st quarter valued at about $343,000. 36.85% of the stock is owned by hedge funds and other institutional investors.
General American Investors Stock Up 0.0 %
NYSE:GAM traded up $0.01 on Thursday, reaching $53.42. 24,288 shares of the stock traded hands, compared to its average volume of 26,935. General American Investors Company, Inc. has a 12 month low of $39.12 and a 12 month high of $54.19. The company's fifty day simple moving average is $52.91 and its 200 day simple moving average is $50.13.
General American Investors Profile
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Free Report)
General American Investors Company, Inc is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials.
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