Martingale Asset Management L P raised its holdings in shares of Gold Resource Co. (NYSEAMERICAN:GORO) by 40.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 79,406 shares of the basic materials company’s stock after acquiring an additional 22,700 shares during the quarter. Martingale Asset Management L P owned approximately 0.14% of Gold Resource worth $318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the company. Raymond James & Associates lifted its stake in shares of Gold Resource by 17.0% during the 4th quarter. Raymond James & Associates now owns 23,456 shares of the basic materials company’s stock valued at $94,000 after buying an additional 3,401 shares in the last quarter. Brickley Wealth Management purchased a new position in shares of Gold Resource during the 4th quarter valued at $40,000. Nisa Investment Advisors LLC lifted its stake in shares of Gold Resource by 23.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 65,200 shares of the basic materials company’s stock valued at $261,000 after buying an additional 12,200 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of Gold Resource by 18.9% during the 4th quarter. First Trust Advisors LP now owns 104,041 shares of the basic materials company’s stock valued at $416,000 after buying an additional 16,567 shares in the last quarter. Finally, ETF Managers Group LLC lifted its stake in shares of Gold Resource by 17.7% during the 4th quarter. ETF Managers Group LLC now owns 130,308 shares of the basic materials company’s stock valued at $521,000 after buying an additional 19,610 shares in the last quarter.

GORO opened at $3.96 on Friday. Gold Resource Co. has a fifty-two week low of $3.61 and a fifty-two week high of $7.33.

The company also recently announced a monthly dividend, which will be paid on Monday, March 25th. Investors of record on Monday, March 11th will be paid a dividend of $0.0017 per share. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date of this dividend is Friday, March 8th.

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About Gold Resource

Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. It also explores for copper, lead, and zinc. The company's flagship property is the El Aguila project comprising 19 mining concessions aggregating approximately 30,215 hectares located in the State of Oaxaca.

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Institutional Ownership by Quarter for Gold Resource (NYSEAMERICAN:GORO)

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