Bensler LLC Boosts Stock Holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Bensler LLC raised its holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 9.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 583,277 shares of the closed-end fund's stock after buying an additional 48,581 shares during the period. Adams Diversified Equity Fund accounts for about 1.6% of Bensler LLC's portfolio, making the stock its 18th largest holding. Bensler LLC owned about 0.47% of Adams Diversified Equity Fund worth $12,575,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ADX. Farther Finance Advisors LLC acquired a new stake in Adams Diversified Equity Fund in the third quarter valued at $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. raised its stake in Adams Diversified Equity Fund by 23,200.0% in the second quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund's stock valued at $55,000 after buying an additional 2,552 shares during the period. Covestor Ltd acquired a new position in shares of Adams Diversified Equity Fund during the 1st quarter worth approximately $203,000. Finally, Great Valley Advisor Group Inc. bought a new stake in Adams Diversified Equity Fund in the 2nd quarter valued at $206,000. 28.41% of the stock is owned by institutional investors.

Adams Diversified Equity Fund Stock Performance

Shares of NYSE ADX traded down $0.07 during mid-day trading on Friday, reaching $22.41. 228,896 shares of the company were exchanged, compared to its average volume of 193,329. The company's 50-day simple moving average is $21.44 and its 200-day simple moving average is $21.00. Adams Diversified Equity Fund, Inc. has a twelve month low of $16.47 and a twelve month high of $22.58.

Insider Buying and Selling

In related news, Director Frederic A. Escherich sold 9,500 shares of Adams Diversified Equity Fund stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $21.93, for a total value of $208,335.00. Following the transaction, the director now directly owns 49,908 shares of the company's stock, valued at $1,094,482.44. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, Director Jane Musser Nelson bought 1,155 shares of Adams Diversified Equity Fund stock in a transaction dated Thursday, October 31st. The stock was bought at an average cost of $21.69 per share, for a total transaction of $25,051.95. Following the purchase, the director now directly owns 4,982 shares in the company, valued at approximately $108,059.58. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frederic A. Escherich sold 9,500 shares of the company's stock in a transaction that occurred 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 transaction, the director now directly owns 49,908 shares in the company, valued at $1,094,482.44. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.11% of the stock is currently owned by company insiders.

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.