Noble Wealth Management PBC Sells 15,556 Shares of ASA Gold and Precious Metals Limited $ASA

Noble Wealth Management PBC cut its stake in shares of ASA Gold and Precious Metals Limited (NYSE:ASA) by 20.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,841 shares of the investment management company’s stock after selling 15,556 shares during the period. ASA Gold and Precious Metals accounts for 1.4% of Noble Wealth Management PBC’s holdings, making the stock its 18th largest position. Noble Wealth Management PBC’s holdings in ASA Gold and Precious Metals were worth $3,062,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. WHI TRUST Co LLC acquired a new position in shares of ASA Gold and Precious Metals in the fourth quarter valued at approximately $30,000. GHP Investment Advisors Inc. bought a new position in shares of ASA Gold and Precious Metals during the first quarter worth approximately $31,000. Group One Trading LLC acquired a new stake in ASA Gold and Precious Metals during the 1st quarter worth approximately $50,000. Advisory Services Network LLC acquired a new stake in ASA Gold and Precious Metals during the 3rd quarter worth approximately $55,000. Finally, Kestra Advisory Services LLC bought a new stake in ASA Gold and Precious Metals in the 4th quarter valued at $58,000.

ASA Gold and Precious Metals Trading Up 2.8%

Shares of ASA Gold and Precious Metals stock opened at $50.29 on Tuesday. ASA Gold and Precious Metals Limited has a twelve month low of $31.47 and a twelve month high of $83.20. The company has a 50-day simple moving average of $54.76 and a two-hundred day simple moving average of $62.91.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered ASA Gold and Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, ASA Gold and Precious Metals currently has a consensus rating of “Buy”.

About ASA Gold and Precious Metals

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.