Matrix Trust Co Raises Stock Position in ASA Gold and Precious Metals Limited (NYSE:ASA)

Matrix Trust Co grew its stake in shares of ASA Gold and Precious Metals Limited (NYSE:ASA - Free Report) by 36.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,899 shares of the investment management company's stock after acquiring an additional 12,911 shares during the period. Matrix Trust Co owned about 0.22% of ASA Gold and Precious Metals worth $1,444,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Steward Partners Investment Advisory LLC lifted 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 valued at $26,000 after buying an additional 764 shares during the last quarter. NBC Securities Inc. raised its position in shares of ASA Gold and Precious Metals by 128,600.0% in the first quarter. NBC Securities Inc. now owns 1,287 shares of the investment management company's stock worth $38,000 after acquiring an additional 1,286 shares during the period. LaSalle St. Investment Advisors LLC grew its holdings in ASA Gold and Precious Metals by 47.5% in the fourth quarter. LaSalle St. Investment Advisors LLC now owns 2,014 shares of the investment management company's stock valued at $41,000 after purchasing an additional 649 shares during the period. Covestor Ltd lifted its position in shares of ASA Gold and Precious Metals by 17.2% during the 4th quarter. Covestor Ltd now owns 4,825 shares of the investment management company's stock valued at $98,000 after buying an additional 707 shares in 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 valued at about $255,000.

ASA Gold and Precious Metals Trading Down 2.8%

ASA stock traded down $0.96 during midday trading on Friday, reaching $33.50. The stock had a trading volume of 86,412 shares, compared to its average volume of 54,474. The company's fifty day simple moving average is $29.69 and its 200 day simple moving average is $25.48. ASA Gold and Precious Metals Limited has a 52-week low of $16.97 and a 52-week high of $35.21.

ASA Gold and Precious Metals Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Wednesday, May 14th. Shareholders of record on Monday, May 5th were paid a dividend of $0.03 per share. This represents a yield of 0.2%. The ex-dividend date of this dividend was Monday, May 5th. This is a positive change from ASA Gold and Precious Metals's previous semi-annual dividend of $0.02.

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.