20,726 Shares in Adams Diversified Equity Fund, Inc. (NYSE:ADX) Acquired by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC acquired a new stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,726 shares of the closed-end fund's stock, valued at approximately $419,000.

Several other institutional investors also recently bought and sold shares of ADX. World Investment Advisors LLC acquired a new stake in Adams Diversified Equity Fund in the third quarter valued at approximately $34,599,000. Landscape Capital Management L.L.C. grew its holdings in Adams Diversified Equity Fund by 2,789.5% in the third quarter. Landscape Capital Management L.L.C. now owns 413,023 shares of the closed-end fund's stock valued at $8,905,000 after purchasing an additional 398,729 shares during the period. Shaker Financial Services LLC purchased a new position in shares of Adams Diversified Equity Fund in the third quarter valued at approximately $4,446,000. Bensler LLC lifted its position in shares of Adams Diversified Equity Fund by 19.5% in the fourth quarter. Bensler LLC now owns 697,217 shares of the closed-end fund's stock valued at $14,084,000 after acquiring an additional 113,940 shares in the last quarter. Finally, Consolidated Portfolio Review Corp purchased a new position in shares of Adams Diversified Equity Fund in the fourth quarter valued at approximately $2,225,000. 28.41% of the stock is owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Performance

Shares of NYSE ADX traded up $0.02 during midday trading on Wednesday, hitting $20.71. The stock had a trading volume of 253,447 shares, compared to its average volume of 327,962. The stock has a 50 day simple moving average of $20.57 and a 200-day simple moving average of $21.07. Adams Diversified Equity Fund, Inc. has a 1 year low of $18.33 and a 1 year high of $22.63.

Adams Diversified Equity Fund Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, January 27th will be given a $0.47 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a $1.88 annualized dividend and a dividend yield of 9.08%.

Adams Diversified Equity Fund Company 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.