Wolverine Asset Management LLC Acquires 42,991 Shares of ASA Gold and Precious Metals Limited (NYSE:ASA)

Wolverine Asset Management LLC boosted its holdings in shares of ASA Gold and Precious Metals Limited (NYSE:ASA - Free Report) by 47.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 134,395 shares of the investment management company's stock after acquiring an additional 42,991 shares during the period. Wolverine Asset Management LLC owned about 0.62% of ASA Gold and Precious Metals worth $2,793,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Covestor Ltd increased its position in ASA Gold and Precious Metals by 54.3% during the 3rd quarter. Covestor Ltd now owns 4,118 shares of the investment management company's stock worth $86,000 after buying an additional 1,449 shares during the period. Matrix Trust Co bought a new position in ASA Gold and Precious Metals during the 3rd quarter valued at approximately $100,000. Raffles Associates LP purchased a new stake in shares of ASA Gold and Precious Metals in the second quarter valued at approximately $193,000. Sanctuary Advisors LLC acquired a new position in shares of ASA Gold and Precious Metals during the 2nd quarter worth approximately $209,000. Finally, PFG Investments LLC raised its holdings in ASA Gold and Precious Metals by 24.8% during the second quarter. PFG Investments LLC now owns 40,678 shares of the investment management company's stock worth $713,000 after purchasing an additional 8,084 shares in the last quarter.

ASA Gold and Precious Metals Stock Performance

ASA Gold and Precious Metals stock traded down $0.25 during midday trading on Tuesday, hitting $20.10. 112,831 shares of the stock were exchanged, compared to its average volume of 56,822. The company has a 50 day moving average price of $20.93 and a two-hundred day moving average price of $19.32. ASA Gold and Precious Metals Limited has a 1 year low of $12.82 and a 1 year high of $22.78.

ASA Gold and Precious Metals Dividend Announcement

The business also recently announced a Semi-Annual dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 13th will be given a dividend of $0.02 per share. This represents a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, November 13th.

ASA Gold and Precious Metals Company 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.