ASA Gold and Precious Metals (NYSE:ASA) Trading Up 5.5% - What's Next?

ASA Gold and Precious Metals Limited (NYSE:ASA - Get Free Report)'s stock price was up 5.5% on Wednesday . The stock traded as high as $26.28 and last traded at $25.62. Approximately 6,292 shares were traded during trading, a decline of 88% from the average daily volume of 53,724 shares. The stock had previously closed at $24.28.

ASA Gold and Precious Metals Stock Up 1.3 %

The stock's fifty day simple moving average is $26.43 and its 200-day simple moving average is $23.00.

ASA Gold and Precious Metals Increases Dividend

The company also recently announced 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. This is a positive change from ASA Gold and Precious Metals's previous semi-annual dividend of $0.02. The ex-dividend date is Monday, May 5th. This represents a yield of 0.2%.

Institutional Trading of ASA Gold and Precious Metals

Several large investors have recently added to or reduced their stakes in the company. NBC Securities Inc. lifted its holdings in shares of ASA Gold and Precious Metals by 128,600.0% during the first quarter. NBC Securities Inc. now owns 1,287 shares of the investment management company's stock worth $38,000 after purchasing an additional 1,286 shares during the period. Steward Partners Investment Advisory LLC raised its position in ASA Gold and Precious Metals by 140.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,307 shares of the investment management company's stock worth $26,000 after buying an additional 764 shares during the last quarter. LaSalle St. Investment Advisors LLC lifted its stake in ASA Gold and Precious Metals by 47.5% during the 4th quarter. LaSalle St. Investment Advisors LLC now owns 2,014 shares of the investment management company's stock valued at $41,000 after acquiring an additional 649 shares during the period. Covestor Ltd boosted its holdings in shares of ASA Gold and Precious Metals by 17.2% in the 4th quarter. Covestor Ltd now owns 4,825 shares of the investment management company's stock valued at $98,000 after acquiring an additional 707 shares during the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. acquired a new stake in shares of ASA Gold and Precious Metals in the fourth quarter worth $255,000.

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.