Sessa Capital IM L.P. Grows Stock Holdings in ASA Gold and Precious Metals Limited (NYSE:ASA)

Sessa Capital IM L.P. grew its position in shares of ASA Gold and Precious Metals Limited (NYSE:ASA - Free Report) by 22.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 671,673 shares of the investment management company's stock after buying 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 largest position. 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 reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ASA. Steward Partners Investment Advisory LLC grew its stake in shares of 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 valued at $26,000 after purchasing an additional 764 shares during the period. LaSalle St. Investment Advisors LLC grew its stake in shares of 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 purchasing an additional 649 shares during the period. Covestor Ltd grew its stake 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 purchasing an additional 707 shares during the period. Thomas J. Herzfeld Advisors Inc. purchased a new stake in shares of ASA Gold and Precious Metals in the 4th quarter worth $255,000. Finally, Walleye Capital LLC bought a new position in ASA Gold and Precious Metals in the 4th quarter worth $346,000.

ASA Gold and Precious Metals Price Performance

NYSE ASA traded up $0.57 on Tuesday, hitting $29.71. 60,314 shares of the company traded hands, compared to its average volume of 53,963. The business's 50 day moving average price is $28.81 and its 200-day moving average price is $24.56. 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 business also recently disclosed a semi-annual dividend, which was paid on Wednesday, May 14th. Stockholders of record on Monday, May 5th were given a dividend of $0.03 per share. This is a boost from ASA Gold and Precious Metals's previous semi-annual dividend of $0.02. This represents a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, May 5th.

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.