Saba Capital Management, L.P. Buys 24,550 Shares of ASA Gold and Precious Metals (NYSE:ASA) Stock

Posted by Bonnie Powley on Oct 25th, 2025

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 24,550 shares of the company’s stock in a transaction that occurred on Tuesday, October 21st. The stock was bought at an average price of $45.20 per share, with a total value of $1,109,660.00. Following the acquisition, the insider directly owned 4,989,293 shares of the company’s stock, valued at $225,516,043.60. The trade was a 0.49% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Wednesday, October 22nd, Saba Capital Management, L.P. acquired 20,540 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $44.77 per share, with a total value of $919,575.80.
On Monday, October 20th, Saba Capital Management, L.P. acquired 11,566 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $50.10 per share, with a total value of $579,456.60.
On Wednesday, October 15th, Saba Capital Management, L.P. acquired 13,170 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $51.71 per share, with a total value of $681,020.70.
On Tuesday, October 14th, Saba Capital Management, L.P. acquired 31,833 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $50.01 per share, with a total value of $1,591,968.33.
On Monday, October 13th, Saba Capital Management, L.P. acquired 8,437 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $49.02 per share, with a total value of $413,581.74.
On Friday, October 10th, Saba Capital Management, L.P. acquired 25,883 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $47.06 per share, with a total value of $1,218,053.98.
On Thursday, October 9th, Saba Capital Management, L.P. acquired 40,943 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $47.39 per share, with a total value of $1,940,288.77.
On Wednesday, October 8th, Saba Capital Management, L.P. acquired 23,813 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $48.17 per share, with a total value of $1,147,072.21.
On Tuesday, October 7th, Saba Capital Management, L.P. acquired 46,649 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $46.50 per share, with a total value of $2,169,178.50.
On Friday, September 19th, Saba Capital Management, L.P. bought 5,779 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost of $41.78 per share, with a total value of $241,446.62.

ASA Gold and Precious Metals Price Performance

NYSE:ASA opened at $45.48 on Friday. ASA Gold and Precious Metals Limited has a 1 year low of $19.37 and a 1 year high of $53.76. The stock has a 50-day moving average price of $42.61 and a two-hundred day moving average price of $35.42.

ASA Gold and Precious Metals Announces Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Wednesday, November 19th. Shareholders of record on Wednesday, November 12th will be paid a $0.03 dividend. This represents a yield of 14.0%. The ex-dividend date of this dividend is Wednesday, November 12th.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of ASA Gold and Precious Metals in a research note on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, ASA Gold and Precious Metals currently has an average rating of “Buy”.

Get Our Latest Report on ASA

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in shares of ASA Gold and Precious Metals during the second quarter worth about $61,000. Fruth Investment Management acquired a new position in shares of ASA Gold and Precious Metals during the first quarter worth about $226,000. Steward Partners Investment Advisory LLC boosted its position in shares of ASA Gold and Precious Metals by 143.4% during the second quarter. Steward Partners Investment Advisory LLC now owns 7,252 shares of the investment management company’s stock worth $229,000 after buying an additional 4,272 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in shares of ASA Gold and Precious Metals during the second quarter worth about $231,000. Finally, Atria Wealth Solutions Inc. acquired a new position in shares of ASA Gold and Precious Metals during the first quarter worth about $235,000.

About ASA Gold and Precious Metals

(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.