Adams Diversified Equity Fund (NYSE:ADX) Shares Up 0.1% - What's Next?

Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Get Free Report) rose 0.1% during mid-day trading on Thursday . The stock traded as high as $20.29 and last traded at $20.08. Approximately 122,230 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 208,377 shares. The stock had previously closed at $20.05.

Adams Diversified Equity Fund Stock Down 0.0 %

The business has a 50 day moving average price of $21.43 and a 200 day moving average price of $21.32.

Adams Diversified Equity Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Friday, November 22nd will be given a $1.96 dividend. The ex-dividend date is Friday, November 22nd. This represents a $7.84 annualized dividend and a yield of 39.12%.

Insider Transactions at Adams Diversified Equity Fund

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

Institutional Investors Weigh In On Adams Diversified Equity Fund

A number of institutional investors have recently added to or reduced their stakes in the stock. Creative Planning raised its position in Adams Diversified Equity Fund by 5.0% during the second quarter. Creative Planning now owns 13,307 shares of the closed-end fund's stock worth $286,000 after acquiring an additional 633 shares during the period. Sage Capital Advisors llc raised its position in shares of Adams Diversified Equity Fund by 3.6% during the 3rd quarter. Sage Capital Advisors llc now owns 25,402 shares of the closed-end fund's stock worth $548,000 after purchasing an additional 885 shares during the last quarter. Massmutual Trust Co. FSB ADV lifted its stake in Adams Diversified Equity Fund by 2.1% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 46,965 shares of the closed-end fund's stock valued at $1,013,000 after buying an additional 950 shares in the last quarter. Financial Counselors Inc. boosted its holdings in Adams Diversified Equity Fund by 2.1% in the 3rd quarter. Financial Counselors Inc. now owns 46,965 shares of the closed-end fund's stock worth $1,013,000 after buying an additional 950 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Adams Diversified Equity Fund by 1.4% during the second quarter. Commonwealth Equity Services LLC now owns 77,240 shares of the closed-end fund's stock valued at $1,660,000 after acquiring an additional 1,045 shares during the last quarter. Institutional investors and hedge funds own 28.41% of the company's stock.

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.