Pathstone Holdings LLC Has $17.73 Million Holdings in General American Investors Company, Inc. (NYSE:GAM)

Pathstone Holdings LLC grew its holdings in General American Investors Company, Inc. (NYSE:GAM) by 31.9% during the third quarter, Holdings Channel.com reports. The firm owned 330,584 shares of the investment management company’s stock after buying an additional 79,975 shares during the period. Pathstone Holdings LLC’s holdings in General American Investors were worth $17,731,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its position in General American Investors by 122.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 686 shares of the investment management company’s stock worth $34,000 after purchasing an additional 378 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of General American Investors in the third quarter worth $59,000. Eastern Bank bought a new stake in shares of General American Investors during the 3rd quarter worth $92,000. Tyler Stone Wealth Management raised its holdings 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 worth $241,000 after acquiring an additional 2,247 shares during the period. Finally, Integrated Capital Management Inc. acquired a new position in General American Investors during the 2nd quarter worth $206,000. 36.85% of the stock is owned by hedge funds and other institutional investors.

General American Investors Price Performance

NYSE GAM opened at $49.71 on Wednesday. The stock has a 50-day simple moving average of $53.38 and a 200 day simple moving average of $51.19. General American Investors Company, Inc. has a twelve month low of $40.89 and a twelve month high of $55.44.

General American Investors Dividend Announcement

The company also recently declared an annual dividend, which will be paid on Friday, December 27th. Investors of record on Monday, November 18th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a yield of 0.8%.

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.