33,441 Shares in Adams Diversified Equity Fund, Inc. (NYSE:ADX) Acquired by Walleye Capital LLC

Walleye Capital LLC acquired a new position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 33,441 shares of the closed-end fund's stock, valued at approximately $721,000.

A number of other hedge funds have also made changes to their positions in ADX. Farther Finance Advisors LLC acquired a new stake in Adams Diversified Equity Fund during the 3rd quarter worth $30,000. Rothschild Investment LLC acquired a new position in Adams Diversified Equity Fund during the second quarter worth approximately $45,000. Sunbelt Securities Inc. grew its position in shares of Adams Diversified Equity Fund by 23,200.0% during the second quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund's stock worth $55,000 after acquiring an additional 2,552 shares during the last quarter. Great Valley Advisor Group Inc. acquired a new position in shares of Adams Diversified Equity Fund in the 2nd quarter valued at $206,000. Finally, Founders Capital Management LLC purchased a new stake in Adams Diversified Equity Fund in the 2nd quarter valued at $225,000. Hedge funds and other institutional investors own 28.41% of the company's stock.

Adams Diversified Equity Fund Trading Up 0.3 %

Adams Diversified Equity Fund stock traded up $0.06 during midday trading on Friday, hitting $20.79. 187,602 shares of the company's stock were exchanged, compared to its average volume of 352,923. The firm's 50 day simple moving average is $21.60 and its 200 day simple moving average is $21.32. Adams Diversified Equity Fund, Inc. has a 12-month low of $16.98 and a 12-month high of $22.63.

Adams Diversified Equity Fund Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Friday, November 22nd will be given a $1.96 dividend. This represents a $7.84 annualized dividend and a yield of 37.71%. The ex-dividend date is Friday, November 22nd.

Insider Buying and Selling at Adams Diversified Equity Fund

In other Adams Diversified Equity Fund news, Director Jane Musser Nelson purchased 1,155 shares of the firm's stock in a transaction that occurred on Thursday, October 31st. The shares were purchased at an average cost of $21.69 per share, for a total transaction of $25,051.95. Following the completion of the purchase, the director now directly owns 4,982 shares in the company, valued at $108,059.58. This represents a 30.18 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frederic A. Escherich sold 9,500 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $21.93, for a total value of $208,335.00. Following the completion of the transaction, the director now owns 49,908 shares of the company's stock, valued at $1,094,482.44. The trade was a 15.99 % decrease in their position. The disclosure for this sale can be found here. 0.11% of the stock is owned by company insiders.

About Adams Diversified Equity Fund

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.