Thomas J. Herzfeld Advisors Inc. Buys Shares of 12,602 ASA Gold and Precious Metals Limited (NYSE:ASA)

Thomas J. Herzfeld Advisors Inc. bought a new position in shares of ASA Gold and Precious Metals Limited (NYSE:ASA - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 12,602 shares of the investment management company's stock, valued at approximately $255,000. Thomas J. Herzfeld Advisors Inc. owned 0.06% of ASA Gold and Precious Metals as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC grew its stake in ASA Gold and Precious Metals by 140.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,307 shares of the investment management company's stock worth $26,000 after purchasing an additional 764 shares during the period. Private Advisor Group LLC grew its position in shares of ASA Gold and Precious Metals by 8.1% in the 4th quarter. Private Advisor Group LLC now owns 52,030 shares of the investment management company's stock worth $1,052,000 after buying an additional 3,909 shares during the period. Blue Bell Private Wealth Management LLC grew its position in shares of ASA Gold and Precious Metals by 24.0% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 112,923 shares of the investment management company's stock worth $2,283,000 after buying an additional 21,850 shares during the period. Matrix Trust Co increased its stake in shares of ASA Gold and Precious Metals by 625.7% in the 4th quarter. Matrix Trust Co now owns 34,988 shares of the investment management company's stock worth $707,000 after acquiring an additional 30,167 shares in the last quarter. Finally, Sprott Inc. purchased a new position in ASA Gold and Precious Metals during the 4th quarter valued at about $3,239,000.

ASA Gold and Precious Metals Price Performance

ASA traded down $2.38 during midday trading on Friday, reaching $25.10. The company's stock had a trading volume of 95,983 shares, compared to its average volume of 53,901. ASA Gold and Precious Metals Limited has a 1 year low of $16.25 and a 1 year high of $30.99. The stock's 50-day moving average is $26.02 and its 200-day moving average is $22.74.

ASA Gold and Precious Metals Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Wednesday, May 14th. Investors of record on Monday, May 5th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Monday, May 5th. This represents a dividend yield of 0.2%. This is an increase from ASA Gold and Precious Metals's previous semi-annual dividend of $0.02.

ASA Gold and Precious Metals Profile

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.