Saba Capital Management, L.P. Buys 17,256 Shares of ASA Gold and Precious Metals (NYSE:ASA) Stock

Posted by Stuart Ham on Sep 19th, 2025

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 17,256 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The shares were purchased at an average cost of $41.39 per share, for a total transaction of $714,225.84. Following the acquisition, the insider owned 4,533,643 shares in the company, valued at $187,647,483.77. This represents a 0.38% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Tuesday, September 16th, Saba Capital Management, L.P. acquired 91,385 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average cost of $41.50 per share, for a total transaction of $3,792,477.50.
On Friday, September 12th, Saba Capital Management, L.P. acquired 109,206 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average cost of $40.91 per share, for a total transaction of $4,467,617.46.
On Thursday, September 11th, Saba Capital Management, L.P. bought 96,286 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $40.40 per share, for a total transaction of $3,889,954.40.
On Wednesday, September 10th, Saba Capital Management, L.P. bought 19,126 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $40.34 per share, for a total transaction of $771,542.84.
On Tuesday, September 9th, Saba Capital Management, L.P. bought 31,225 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $40.06 per share, for a total transaction of $1,250,873.50.
On Monday, September 8th, Saba Capital Management, L.P. acquired 24,510 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost of $40.50 per share, with a total value of $992,655.00.
On Wednesday, September 3rd, Saba Capital Management, L.P. bought 30,460 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average cost of $38.88 per share, with a total value of $1,184,284.80.
On Tuesday, September 2nd, Saba Capital Management, L.P. bought 70,108 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average cost of $38.64 per share, with a total value of $2,708,973.12.
On Monday, August 25th, Saba Capital Management, L.P. acquired 7,520 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $36.51 per share, with a total value of $274,555.20.
On Friday, August 22nd, Saba Capital Management, L.P. bought 4,620 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average price of $35.97 per share, for a total transaction of $166,181.40.

ASA Gold and Precious Metals Stock Performance

Shares of NYSE ASA opened at $41.04 on Friday. ASA Gold and Precious Metals Limited has a twelve month low of $19.37 and a twelve month high of $41.89. The stock’s 50 day moving average price is $35.68 and its 200-day moving average price is $31.93.

Hedge Funds Weigh In On ASA Gold and Precious Metals

A number of hedge funds and other institutional investors have recently modified their holdings of ASA. Cetera Investment Advisers boosted its stake in shares of ASA Gold and Precious Metals by 2.6% in the 4th quarter. Cetera Investment Advisers now owns 58,308 shares of the investment management company’s stock worth $1,179,000 after buying an additional 1,500 shares during the last quarter. NBC Securities Inc. boosted its stake in shares of ASA Gold and Precious Metals by 128,600.0% in 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 last quarter. Matrix Trust Co boosted its stake in shares of ASA Gold and Precious Metals by 36.9% in the 1st quarter. Matrix Trust Co now owns 47,899 shares of the investment management company’s stock worth $1,444,000 after buying an additional 12,911 shares during the last quarter. Wealthcare Advisory Partners LLC purchased a new position in shares of ASA Gold and Precious Metals in the 1st quarter worth approximately $220,000. Finally, Private Advisor Group LLC boosted its stake in shares of ASA Gold and Precious Metals by 57.7% in the 1st quarter. Private Advisor Group LLC now owns 82,054 shares of the investment management company’s stock worth $2,473,000 after buying an additional 30,024 shares during the last quarter.

ASA Gold and Precious Metals Company Profile

(Get Free Report)

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.