Private Advisor Group LLC lessened its holdings in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX – Free Report) by 28.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,717 shares of the closed-end fund’s stock after selling 4,984 shares during the period. Private Advisor Group LLC’s holdings in Adams Diversified Equity Fund were worth $257,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. World Investment Advisors LLC bought a new stake in Adams Diversified Equity Fund during the 3rd quarter worth about $34,599,000. Bensler LLC raised its stake in Adams Diversified Equity Fund by 19.5% during the 4th quarter. Bensler LLC now owns 697,217 shares of the closed-end fund’s stock worth $14,084,000 after buying an additional 113,940 shares during the period. Landscape Capital Management L.L.C. lifted its holdings in Adams Diversified Equity Fund by 2,789.5% during the third quarter. Landscape Capital Management L.L.C. now owns 413,023 shares of the closed-end fund’s stock worth $8,905,000 after acquiring an additional 398,729 shares in the last quarter. HTLF Bank grew its stake in Adams Diversified Equity Fund by 6.4% in the fourth quarter. HTLF Bank now owns 246,496 shares of the closed-end fund’s stock valued at $4,979,000 after acquiring an additional 14,775 shares during the period. Finally, Hennion & Walsh Asset Management Inc. increased its stake in Adams Diversified Equity Fund by 18.9% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 217,882 shares of the closed-end fund’s stock worth $4,401,000 after purchasing an additional 34,691 shares in the last quarter. 28.41% of the stock is currently owned by institutional investors and hedge funds.
Adams Diversified Equity Fund Stock Up 0.7 %
ADX stock opened at $19.72 on Thursday. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $18.36 and a fifty-two week high of $22.63. The business has a 50-day moving average of $20.52 and a 200-day moving average of $21.03.
Adams Diversified Equity Fund Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Monday, January 27th were issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 9.54%. The ex-dividend date was Monday, January 27th.
Adams Diversified Equity Fund Profile
Adams Diversified Equity Fund, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm launches equity.
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