ASA Gold and Precious Metals (NYSE:ASA) Reaches New 52-Week High – Here’s What Happened

ASA Gold and Precious Metals Limited (NYSE:ASA) shares hit a new 52-week high during trading on Monday . The company traded as high as $33.94 and last traded at $33.62, with a volume of 52568 shares changing hands. The stock had previously closed at $31.65.

ASA Gold and Precious Metals Trading Down 0.4%

The stock’s 50-day simple moving average is $29.52 and its 200 day simple moving average is $25.32.

ASA Gold and Precious Metals Increases Dividend

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

Institutional Investors Weigh In On ASA Gold and Precious Metals

Several institutional investors and hedge funds have recently made changes to their positions in ASA. Steward Partners Investment Advisory LLC boosted its position 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 in the last quarter. NBC Securities Inc. raised its stake in ASA Gold and Precious Metals by 128,600.0% during the 1st quarter. NBC Securities Inc. now owns 1,287 shares of the investment management company’s stock worth $38,000 after buying an additional 1,286 shares during the period. LaSalle St. Investment Advisors LLC raised 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 worth $41,000 after buying an additional 649 shares during the period. Covestor Ltd raised its stake in 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 worth $98,000 after buying an additional 707 shares during the period. Finally, Wealthcare Advisory Partners LLC acquired a new position in ASA Gold and Precious Metals during the 1st quarter worth approximately $220,000.

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.