Stratos Wealth Partners LTD. Has $257,000 Stock Position in General American Investors Company, Inc. (NYSE:GAM)

Stratos Wealth Partners LTD. raised its position in General American Investors Company, Inc. (NYSE:GAM) by 8.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,035 shares of the investment management company’s stock after purchasing an additional 372 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in General American Investors were worth $257,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in GAM. Armstrong Advisory Group Inc. bought a new stake in shares of General American Investors during the 4th quarter valued at about $52,000. Farther Finance Advisors LLC bought a new position in shares of General American Investors during the 3rd quarter worth about $59,000. Eastern Bank acquired a new stake in shares of General American Investors in the 3rd quarter valued at about $92,000. Tyler Stone Wealth Management increased its position in General American Investors by 100.0% in the 3rd quarter. Tyler Stone Wealth Management now owns 4,494 shares of the investment management company’s stock valued at $241,000 after buying an additional 2,247 shares in the last quarter. Finally, Integrated Capital Management Inc. raised its stake in General American Investors by 22.1% during the 4th quarter. Integrated Capital Management Inc. now owns 5,196 shares of the investment management company’s stock worth $265,000 after buying an additional 940 shares during the period. 36.85% of the stock is owned by institutional investors.

General American Investors Stock Performance

Shares of GAM stock opened at $52.93 on Friday. General American Investors Company, Inc. has a 12 month low of $44.23 and a 12 month high of $55.44. The firm has a fifty day simple moving average of $51.95 and a two-hundred day simple moving average of $52.22.

General American Investors Cuts Dividend

The business also recently disclosed a — dividend, which will be paid on Friday, March 7th. Shareholders of record on Monday, February 24th will be issued a dividend of $0.25 per share. This represents a yield of 0.9%. The ex-dividend date is Monday, February 24th.

Insider Transactions at General American Investors

In other news, CEO Jeffrey W. Priest acquired 6,000 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was purchased at an average price of $25.00 per share, for a total transaction of $150,000.00. Following the purchase, the chief executive officer now owns 15,392 shares in the company, valued at approximately $384,800. This represents a 63.88 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders purchased a total of 7,250 shares of company stock valued at $192,031 over the last ninety days. 8.30% of the stock is currently owned by insiders.

About General American Investors

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.