General American Investors Company, Inc. (NYSE:GAM) Shares Acquired by Blue Bell Private Wealth Management LLC

Blue Bell Private Wealth Management LLC raised its stake in General American Investors Company, Inc. (NYSE:GAM) by 3.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 675,276 shares of the investment management company’s stock after purchasing an additional 24,196 shares during the quarter. General American Investors accounts for about 6.9% of Blue Bell Private Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Blue Bell Private Wealth Management LLC owned approximately 2.82% of General American Investors worth $33,575,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of GAM. Allspring Global Investments Holdings LLC lifted its position in shares of General American Investors by 5.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 730,417 shares of the investment management company’s stock worth $33,972,000 after buying an additional 37,871 shares in the last quarter. Shaker Financial Services LLC boosted its position in General American Investors by 41.9% in the second quarter. Shaker Financial Services LLC now owns 108,528 shares of the investment management company’s stock worth $5,396,000 after purchasing an additional 32,065 shares during the last quarter. Cornerstone Advisors LLC grew its stake in General American Investors by 7.6% in the 4th quarter. Cornerstone Advisors LLC now owns 332,918 shares of the investment management company’s stock valued at $14,299,000 after purchasing an additional 23,531 shares during the period. Epoch Investment Partners Inc. increased its holdings in General American Investors by 111.6% during the fourth quarter. Epoch Investment Partners Inc. now owns 43,251 shares of the investment management company’s stock worth $1,858,000 after buying an additional 22,813 shares during the last quarter. Finally, Wolverine Asset Management LLC raised its holdings in shares of General American Investors by 22.8% in the 2nd quarter. Wolverine Asset Management LLC now owns 68,305 shares of the investment management company’s stock worth $3,396,000 after purchasing an additional 12,663 shares during the period. Institutional investors own 36.85% of the company’s stock.

General American Investors Trading Up 0.8 %

GAM stock opened at $52.40 on Friday. General American Investors Company, Inc. has a fifty-two week low of $39.12 and a fifty-two week high of $52.85. The stock has a fifty day moving average of $51.11 and a 200-day moving average of $48.25.

Insider Activity

In related news, VP Eugene S. Stark bought 1,973 shares of General American Investors stock in a transaction on Friday, June 14th. The stock was acquired at an average price of $24.76 per share, with a total value of $48,851.48. Following the acquisition, the vice president now directly owns 12,000 shares of the company’s stock, valued at $297,120. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 8.30% of the company’s stock.

General American Investors Company 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.