Advisor OS LLC Makes New $471,000 Investment in ASA Gold and Precious Metals Limited $ASA

Advisor OS LLC acquired a new stake in shares of ASA Gold and Precious Metals Limited (NYSE:ASA) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,289 shares of the investment management company’s stock, valued at approximately $471,000. Advisor OS LLC owned approximately 0.05% of ASA Gold and Precious Metals as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. purchased a new position in ASA Gold and Precious Metals in the 2nd quarter valued at about $61,000. Savant Capital LLC purchased a new stake in ASA Gold and Precious Metals during the 3rd quarter worth approximately $220,000. HB Wealth Management LLC acquired a new position in shares of ASA Gold and Precious Metals during the third quarter valued at approximately $295,000. Steward Partners Investment Advisory LLC lifted its position in shares of ASA Gold and Precious Metals by 143.4% in the second quarter. Steward Partners Investment Advisory LLC now owns 7,252 shares of the investment management company’s stock valued at $229,000 after acquiring an additional 4,272 shares in the last quarter. Finally, Dymon Asia Capital Singapore PTE. LTD. purchased a new position in shares of ASA Gold and Precious Metals in the second quarter valued at approximately $370,000.

Insider Buying and Selling at ASA Gold and Precious Metals

In other news, major shareholder Saba Capital Management, L.P. bought 83,533 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were bought at an average price of $69.69 per share, with a total value of $5,821,414.77. Following the completion of the transaction, the insider directly owned 5,853,141 shares in the company, valued at $407,905,396.29. This trade represents a 1.45% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders have purchased 657,069 shares of company stock worth $43,596,808. Company insiders own 1.69% of the company’s stock.

ASA Gold and Precious Metals Trading Up 2.1%

Shares of ASA opened at $81.51 on Friday. The firm has a 50-day simple moving average of $67.20 and a two-hundred day simple moving average of $53.09. ASA Gold and Precious Metals Limited has a 1-year low of $24.00 and a 1-year high of $81.70.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of ASA Gold and Precious Metals in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, ASA Gold and Precious Metals currently has an average rating of “Buy”.

ASA Gold and Precious Metals Company Profile

ASA Gold & Precious Metals Limited, trading on the New York Stock Exchange under the ticker ASA, is a closed-end investment company dedicated to providing shareholders with targeted exposure to the precious metals sector. Established in 1959 and domiciled in Guernsey, the company aims to combine dividend income with the potential for long-term capital appreciation by investing in a diversified suite of gold, silver, platinum and palladium assets.

The firm’s core activities involve constructing and managing a portfolio that blends equity positions in precious metals mining companies with direct holdings of physical bullion.