ASA Gold and Precious Metals Limited (ASA) To Go Ex-Dividend on November 12th

ASA Gold and Precious Metals Limited (NYSE:ASA) declared a semi-annual dividend on Friday, September 19th. Shareholders of record on Wednesday, November 12th will be paid a dividend of 0.03 per share by the investment management company on Wednesday, November 19th. This represents a dividend yield of 14.0%. The ex-dividend date is Wednesday, November 12th.

ASA Gold and Precious Metals Stock Performance

NYSE:ASA opened at $45.87 on Monday. ASA Gold and Precious Metals has a 52 week low of $19.37 and a 52 week high of $53.76. The stock’s 50-day moving average price is $44.52 and its 200-day moving average price is $36.70.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. acquired 928 shares of ASA Gold and Precious Metals stock in a transaction that occurred on Wednesday, November 5th. The stock was purchased at an average cost of $44.68 per share, with a total value of $41,463.04. Following the purchase, the insider owned 5,166,512 shares in the company, valued at $230,839,756.16. This trade represents a 0.02% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders purchased 1,323,882 shares of company stock valued at $54,042,913 over the last quarter. Insiders own 1.69% of the company’s stock.

Hedge Funds Weigh In On ASA Gold and Precious Metals

A number of institutional investors and hedge funds have recently bought and sold shares of ASA. Private Advisor Group LLC lifted its stake in ASA Gold and Precious Metals by 57.7% in the 1st quarter. Private Advisor Group LLC now owns 82,054 shares of the investment management company’s stock worth $2,473,000 after purchasing an additional 30,024 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in shares of ASA Gold and Precious Metals by 3.0% in the first quarter. Blue Bell Private Wealth Management LLC now owns 116,268 shares of the investment management company’s stock valued at $3,504,000 after purchasing an additional 3,345 shares during the last quarter. Cetera Investment Advisers lifted its position in ASA Gold and Precious Metals by 223.9% during the first quarter. Cetera Investment Advisers now owns 188,855 shares of the investment management company’s stock worth $5,692,000 after buying an additional 130,547 shares in the last quarter. Atria Wealth Solutions Inc. acquired a new position in ASA Gold and Precious Metals during the first quarter worth $235,000. Finally, Sprott Inc. boosted its stake in ASA Gold and Precious Metals by 74.9% during the first quarter. Sprott Inc. now owns 280,183 shares of the investment management company’s stock worth $8,445,000 after buying an additional 120,000 shares during the last quarter.

About ASA Gold and Precious Metals

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.