General American Investors Company, Inc. (NYSE:GAM) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lessened its stake in shares of General American Investors Company, Inc. (NYSE:GAM) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 548,958 shares of the investment management company’s stock after selling 11,077 shares during the quarter. Allspring Global Investments Holdings LLC owned about 2.29% of General American Investors worth $29,430,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of General American Investors by 122.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 686 shares of the investment management company’s stock worth $34,000 after acquiring an additional 378 shares during the period. BNP Paribas acquired a new position in General American Investors during the 1st quarter worth approximately $35,000. Integrated Capital Management Inc. acquired a new position in General American Investors during the 2nd quarter worth approximately $206,000. Matisse Capital purchased a new position in shares of General American Investors during the 1st quarter worth approximately $247,000. Finally, Cetera Advisors LLC acquired a new stake in shares of General American Investors in the 1st quarter valued at approximately $343,000. 36.85% of the stock is currently owned by hedge funds and other institutional investors.

General American Investors Stock Down 0.8 %

Shares of GAM stock opened at $53.41 on Thursday. General American Investors Company, Inc. has a 1-year low of $39.12 and a 1-year high of $54.19. The business’s fifty day moving average price is $52.82 and its 200 day moving average price is $50.08.

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.