Sessa Capital IM L.P. Boosts Stake in ASA Gold and Precious Metals Limited (NYSE:ASA)

Sessa Capital IM L.P. raised its position in ASA Gold and Precious Metals Limited (NYSE:ASA) by 22.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 671,673 shares of the investment management company’s stock after purchasing an additional 121,673 shares during the quarter. ASA Gold and Precious Metals accounts for approximately 0.5% of Sessa Capital IM L.P.’s holdings, making the stock its 21st biggest holding. Sessa Capital IM L.P. owned approximately 3.12% of ASA Gold and Precious Metals worth $13,581,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Private Advisor Group LLC increased its position in shares of ASA Gold and Precious Metals by 8.1% during the fourth quarter. Private Advisor Group LLC now owns 52,030 shares of the investment management company’s stock worth $1,052,000 after acquiring an additional 3,909 shares during the period. Sprott Inc. purchased a new position in shares of ASA Gold and Precious Metals during the fourth quarter worth approximately $3,239,000. Steward Partners Investment Advisory LLC increased its position in shares of ASA Gold and Precious Metals by 140.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,307 shares of the investment management company’s stock worth $26,000 after acquiring an additional 764 shares during the period. Raymond James Financial Inc. purchased a new position in shares of ASA Gold and Precious Metals during the fourth quarter worth approximately $12,492,000. Finally, Blue Bell Private Wealth Management LLC increased its position in shares of ASA Gold and Precious Metals by 24.0% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 112,923 shares of the investment management company’s stock worth $2,283,000 after acquiring an additional 21,850 shares during the period.

ASA Gold and Precious Metals Trading Down 0.1%

NYSE ASA opened at $28.46 on Friday. The firm’s 50 day moving average price is $28.69 and its 200-day moving average price is $24.44. ASA Gold and Precious Metals Limited has a 52-week low of $16.97 and a 52-week high of $31.94.

ASA Gold and Precious Metals Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Wednesday, May 14th. Stockholders of record on Monday, May 5th were paid a dividend of $0.03 per share. The ex-dividend date was Monday, May 5th. This is an increase from ASA Gold and Precious Metals’s previous semi-annual dividend of $0.02. This represents a dividend yield of 0.2%.

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.