Northwestern Mutual Wealth Management Co. Buys 378 Shares of General American Investors Company, Inc. (NYSE:GAM)

Northwestern Mutual Wealth Management Co. grew its position in General American Investors Company, Inc. (NYSE:GAM) by 122.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 686 shares of the investment management company’s stock after purchasing an additional 378 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in General American Investors were worth $34,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in GAM. Allspring Global Investments Holdings LLC lifted its position in shares of General American Investors by 5.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 730,417 shares of the investment management company’s stock worth $33,972,000 after purchasing an additional 37,871 shares during the last quarter. Blue Bell Private Wealth Management LLC boosted its position in General American Investors by 3.7% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 675,276 shares of the investment management company’s stock valued at $33,575,000 after buying an additional 24,196 shares during the period. Cornerstone Advisors LLC boosted its position in General American Investors by 24.8% in the 2nd quarter. Cornerstone Advisors LLC now owns 441,951 shares of the investment management company’s stock valued at $21,974,000 after buying an additional 87,843 shares during the period. Shaker Financial Services LLC grew its stake in General American Investors by 41.9% in the 2nd quarter. Shaker Financial Services LLC now owns 108,528 shares of the investment management company’s stock worth $5,396,000 after acquiring an additional 32,065 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its position in shares of General American Investors by 22.8% during the second quarter. Wolverine Asset Management LLC now owns 68,305 shares of the investment management company’s stock worth $3,396,000 after acquiring an additional 12,663 shares during the period. Institutional investors own 36.85% of the company’s stock.

General American Investors Trading Up 0.3 %

Shares of NYSE GAM opened at $53.64 on Monday. General American Investors Company, Inc. has a 52-week low of $39.12 and a 52-week high of $54.19. The stock has a 50 day moving average price of $52.22 and a 200 day moving average price of $49.72.

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.