Tyler Stone Wealth Management Increases Holdings in General American Investors Company, Inc. (NYSE:GAM)

Tyler Stone Wealth Management boosted its position in shares of General American Investors Company, Inc. (NYSE:GAM) by 8.5% during the 4th quarter, HoldingsChannel reports. The firm owned 4,878 shares of the investment management company’s stock after buying an additional 384 shares during the period. Tyler Stone Wealth Management’s holdings in General American Investors were worth $249,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Blue Bell Private Wealth Management LLC increased its stake in shares of General American Investors by 0.6% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 718,133 shares of the investment management company’s stock valued at $36,632,000 after buying an additional 4,256 shares during the period. Advisors Asset Management Inc. increased its position in General American Investors by 139.7% during the 4th quarter. Advisors Asset Management Inc. now owns 66,603 shares of the investment management company’s stock valued at $3,397,000 after purchasing an additional 38,814 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of General American Investors by 4.1% in the 4th quarter. Sanctuary Advisors LLC now owns 41,134 shares of the investment management company’s stock valued at $2,163,000 after purchasing an additional 1,632 shares in the last quarter. Capstone Investment Advisors LLC purchased a new stake in shares of General American Investors in the 3rd quarter worth approximately $1,769,000. Finally, Concurrent Investment Advisors LLC bought a new position in shares of General American Investors during the fourth quarter valued at approximately $1,564,000. 36.85% of the stock is owned by institutional investors.

General American Investors Price Performance

Shares of NYSE:GAM opened at $51.05 on Thursday. The firm has a 50 day moving average of $51.65 and a 200 day moving average of $52.15. General American Investors Company, Inc. has a 52 week low of $44.54 and a 52 week high of $55.44.

General American Investors Cuts Dividend

The business also recently declared a — dividend, which was paid on Friday, March 7th. Stockholders of record on Monday, February 24th were given a $0.25 dividend. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, February 24th.

Insider Buying and Selling

In other news, VP Eugene S. Stark acquired 2,500 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were purchased at an average price of $25.00 per share, with a total value of $62,500.00. Following the transaction, the vice president now directly owns 14,500 shares in the company, valued at approximately $362,500. This represents a 20.83 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders purchased 3,910 shares of company stock worth $97,715 in the last three months. 8.33% of the stock is owned by insiders.

General American Investors Profile

General American Investors Company, Inc is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials.