Private Advisor Group LLC trimmed its holdings in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX – Free Report) by 17.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,287 shares of the closed-end fund’s stock after selling 6,224 shares during the period. Private Advisor Group LLC’s holdings in Adams Diversified Equity Fund were worth $519,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV raised its position in Adams Diversified Equity Fund by 517.7% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,107 shares of the closed-end fund’s stock worth $55,000 after acquiring an additional 2,604 shares during the period. McGlone Suttner Wealth Management Inc. bought a new position in Adams Diversified Equity Fund during the fourth quarter valued at $84,000. Turtle Creek Wealth Advisors LLC purchased a new stake in Adams Diversified Equity Fund in the fourth quarter worth $112,000. Occidental Asset Management LLC bought a new stake in shares of Adams Diversified Equity Fund in the fourth quarter valued at $187,000. Finally, Oppenheimer & Co. Inc. lifted its position in shares of Adams Diversified Equity Fund by 19.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 13,538 shares of the closed-end fund’s stock valued at $225,000 after buying an additional 2,250 shares during the last quarter. 28.41% of the stock is owned by hedge funds and other institutional investors.
Adams Diversified Equity Fund Trading Up 0.0 %
ADX stock opened at $20.06 on Monday. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $15.41 and a fifty-two week high of $20.13. The stock has a fifty day moving average of $19.26 and a 200-day moving average of $18.34.
Adams Diversified Equity Fund Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be paid a $0.05 dividend. The ex-dividend date is Thursday, May 16th. This represents a $0.20 annualized dividend and a dividend yield of 1.00%.
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.
Featured Stories
Want to see what other hedge funds are holding ADX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Adams Diversified Equity Fund, Inc. (NYSE:ADX – Free Report).
Receive News & Ratings for Adams Diversified Equity Fund Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Adams Diversified Equity Fund and related companies with MarketBeat.com’s FREE daily email newsletter.
