Tyler Stone Wealth Management Purchases 384 Shares of General American Investors Company, Inc. (NYSE:GAM)

Tyler Stone Wealth Management grew its position in shares of General American Investors Company, Inc. (NYSE:GAM) by 8.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,878 shares of the investment management company’s stock after acquiring an additional 384 shares during the quarter. Tyler Stone Wealth Management’s holdings in General American Investors were worth $249,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capstone Investment Advisors LLC bought a new stake in shares of General American Investors in the 3rd quarter worth about $1,769,000. HighTower Advisors LLC grew its position in General American Investors by 7.7% in the third quarter. HighTower Advisors LLC now owns 21,547 shares of the investment management company’s stock worth $1,157,000 after acquiring an additional 1,537 shares in the last quarter. Integrated Capital Management Inc. grew its position in General American Investors by 22.1% in the fourth quarter. Integrated Capital Management Inc. now owns 5,196 shares of the investment management company’s stock worth $265,000 after acquiring an additional 940 shares in the last quarter. Park Avenue Securities LLC increased its stake in General American Investors by 19.2% during the fourth quarter. Park Avenue Securities LLC now owns 29,724 shares of the investment management company’s stock worth $1,516,000 after acquiring an additional 4,782 shares during the last quarter. Finally, Armstrong Advisory Group Inc. purchased a new stake in General American Investors during the fourth quarter valued at approximately $52,000. 36.85% of the stock is owned by hedge funds and other institutional investors.

General American Investors Trading Down 0.6 %

Shares of General American Investors stock opened at $51.05 on Thursday. The stock has a 50 day moving average price of $51.65 and a 200-day moving average price of $52.15. General American Investors Company, Inc. has a one year low of $44.54 and a one year high of $55.44.

General American Investors Cuts Dividend

The company also recently disclosed a — dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, February 24th were paid a dividend of $0.25 per share. This represents a yield of 0.9%. The ex-dividend date of this dividend was Monday, February 24th.

Insiders Place Their Bets

In other news, VP Eugene S. Stark bought 2,500 shares of the stock in a transaction dated Thursday, March 6th. The stock was purchased at an average price of $25.00 per share, for a total transaction of $62,500.00. Following the acquisition, the vice president now owns 14,500 shares of the company’s stock, valued at $362,500. The trade was a 20.83 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders bought 3,910 shares of company stock valued at $97,715 over the last three months. 8.33% of the stock is owned by company 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.