ASA Gold and Precious Metals (NYSE:ASA) Shares Pass Below Fifty Day Moving Average – Time to Sell?

ASA Gold and Precious Metals Limited (NYSE:ASA) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $20.81 and traded as low as $20.07. ASA Gold and Precious Metals shares last traded at $20.15, with a volume of 58,249 shares changing hands.

ASA Gold and Precious Metals Stock Down 0.8 %

The firm has a 50 day simple moving average of $20.77 and a two-hundred day simple moving average of $19.79.

ASA Gold and Precious Metals Announces Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 13th were given a $0.02 dividend. The ex-dividend date was Wednesday, November 13th. This represents a dividend yield of 0.2%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Twelve Points Wealth Management LLC raised its holdings in ASA Gold and Precious Metals by 2.7% in the third quarter. Twelve Points Wealth Management LLC now owns 542,838 shares of the investment management company’s stock worth $11,280,000 after purchasing an additional 14,394 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of ASA Gold and Precious Metals in the 3rd quarter valued at $10,156,000. Wolverine Asset Management LLC raised its stake in ASA Gold and Precious Metals by 47.0% during the 3rd quarter. Wolverine Asset Management LLC now owns 134,395 shares of the investment management company’s stock worth $2,793,000 after buying an additional 42,991 shares during the period. Landscape Capital Management L.L.C. lifted its holdings in ASA Gold and Precious Metals by 72.6% during the third quarter. Landscape Capital Management L.L.C. now owns 65,780 shares of the investment management company’s stock worth $1,367,000 after acquiring an additional 27,667 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC grew its stake in ASA Gold and Precious Metals by 10.2% in the second quarter. Blue Bell Private Wealth Management LLC now owns 59,694 shares of the investment management company’s stock valued at $1,047,000 after acquiring an additional 5,503 shares during the period.

About ASA Gold and Precious Metals

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.