International Assets Investment Management LLC Takes Position in ASA Gold and Precious Metals Limited (NYSE:ASA)

International Assets Investment Management LLC acquired a new stake in ASA Gold and Precious Metals Limited (NYSE:ASA) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 34,638 shares of the investment management company’s stock, valued at approximately $522,000.

A number of other hedge funds also recently made changes to their positions in ASA. Raymond James & Associates increased its position in shares of ASA Gold and Precious Metals by 12.4% during the 3rd quarter. Raymond James & Associates now owns 622,156 shares of the investment management company’s stock worth $8,293,000 after purchasing an additional 68,527 shares in the last quarter. DORCHESTER WEALTH MANAGEMENT Co increased its position in shares of ASA Gold and Precious Metals by 87.2% during the 3rd quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 21,850 shares of the investment management company’s stock worth $291,000 after purchasing an additional 10,175 shares in the last quarter. Finally, Saba Capital Management L.P. increased its position in shares of ASA Gold and Precious Metals by 59.1% during the 3rd quarter. Saba Capital Management L.P. now owns 1,788,420 shares of the investment management company’s stock worth $23,840,000 after purchasing an additional 664,321 shares in the last quarter.

ASA Gold and Precious Metals Trading Up 2.2 %

Shares of ASA Gold and Precious Metals stock opened at $17.34 on Friday. The company has a 50-day simple moving average of $15.39 and a 200 day simple moving average of $14.77. ASA Gold and Precious Metals Limited has a 12-month low of $12.80 and a 12-month high of $17.75.

ASA Gold and Precious Metals Increases Dividend

The company also recently announced a Semi-Annual dividend, which will be paid on Thursday, May 16th. Investors of record on Monday, May 6th will be given a dividend of $0.02 per share. The ex-dividend date is Friday, May 3rd. This represents a dividend yield of 0.1%. This is a boost from ASA Gold and Precious Metals’s previous Semi-Annual dividend of $0.01.

ASA Gold and Precious Metals 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.