Uncommon Cents Investing LLC, based in Wisconsin, reported a sale of 77,370 shares in ASA Gold and Precious Metals Limited. The transaction was disclosed in a filing with the U.S. Securities and Exchange Commission on Thursday.
The sale had an estimated value of $3.92 million, calculated using the quarter's average share price. Following the trade, the fund's position in ASA was reduced to 440,404 shares. The quarter-end value of this holding was $26.28 million.
This represented a net decrease of $2.56 million in the position's value from the previous quarter-end. The change reflects both the share sale and market price movements during the period.
After the transaction, ASA accounted for 6.36% of the fund's reportable assets under management. This made it the largest single holding in the portfolio. The fund's next largest holdings included Wells Fargo, Microsoft, RTX, and Kroger.
As of Thursday, ASA shares were trading at $63.48. The stock's price has increased by 189.9% over the past twelve months.