Uncommon Cents Investing LLC Sells 7,940 Shares of ASA Gold and Precious Metals Limited $ASA

Key Points

• Uncommon Cents Investing LLC has reduced its holdings in ASA Gold and Precious Metals Limited by 1.5%, selling 7,940 shares to hold a total of 527,419 shares, representing 4.5% of its portfolio.
• In the second quarter, several other investors, including NBC Securities Inc. and Wealth Enhancement Advisory Services LLC, have increased their stakes in the company, highlighting growing interest in ASA Gold and Precious Metals.
• The company announced a semi-annual dividend of $0.03 per share, with a dividend yield of 14.0%, set to be paid on November 19 to stockholders of record.

Uncommon Cents Investing LLC decreased its holdings in ASA Gold and Precious Metals Limited (NYSE:ASA - Free Report) by 1.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 527,419 shares of the investment management company's stock after selling 7,940 shares during the period. ASA Gold and Precious Metals comprises approximately 4.5% of Uncommon Cents Investing LLC's portfolio, making the stock its largest position. Uncommon Cents Investing LLC owned 2.45% of ASA Gold and Precious Metals worth $16,651,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. NBC Securities Inc. raised its stake 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 valued at $38,000 after acquiring an additional 1,286 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of ASA Gold and Precious Metals during the second quarter worth about $231,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of ASA Gold and Precious Metals during the first quarter worth approximately $220,000. Fruth Investment Management acquired a new stake in ASA Gold and Precious Metals in the first quarter valued at approximately $226,000. Finally, Atria Wealth Solutions Inc. purchased a new position in ASA Gold and Precious Metals in the first quarter worth approximately $235,000.

ASA Gold and Precious Metals Stock Performance

Shares of ASA opened at $44.43 on Friday. The firm's fifty day simple moving average is $36.98 and its 200-day simple moving average is $32.72. ASA Gold and Precious Metals Limited has a twelve month low of $19.37 and a twelve month high of $44.64.

ASA Gold and Precious Metals Dividend Announcement

The firm also recently disclosed a semi-annual dividend, which will be paid on Wednesday, November 19th. Stockholders of record on Wednesday, November 12th will be issued a $0.03 dividend. The ex-dividend date is Wednesday, November 12th. This represents a dividend yield of 14.0%.

Insider Buying and Selling at ASA Gold and Precious Metals

In other ASA Gold and Precious Metals news, major shareholder Saba Capital Management, L.P. bought 5,779 shares of the firm's stock in a transaction that occurred on Friday, September 19th. The stock was purchased at an average price of $41.78 per share, for a total transaction of $241,446.62. Following the completion of the purchase, the insider directly owned 4,656,677 shares in the company, valued at $194,555,965.06. This trade represents a 0.12% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders bought 1,352,528 shares of company stock worth $50,291,102. 0.29% of the stock is currently owned by company insiders.

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.

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