Blue Bell Private Wealth Management LLC Purchases 12,243 Shares of Adams Natural Resources Fund, Inc. (NYSE:PEO)

Blue Bell Private Wealth Management LLC grew its holdings in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO - Free Report) by 13.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,255 shares of the financial services provider's stock after buying an additional 12,243 shares during the quarter. Blue Bell Private Wealth Management LLC owned approximately 0.40% of Adams Natural Resources Fund worth $2,245,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Stifel Financial Corp raised its holdings in Adams Natural Resources Fund by 2.2% during the third quarter. Stifel Financial Corp now owns 74,260 shares of the financial services provider's stock worth $1,724,000 after acquiring an additional 1,582 shares in the last quarter. Wolverine Asset Management LLC increased its position in shares of Adams Natural Resources Fund by 1,206.2% during the 3rd quarter. Wolverine Asset Management LLC now owns 24,086 shares of the financial services provider's stock worth $559,000 after purchasing an additional 22,242 shares during the last quarter. Pathstone Holdings LLC raised its stake in shares of Adams Natural Resources Fund by 149.9% during the 3rd quarter. Pathstone Holdings LLC now owns 291,504 shares of the financial services provider's stock worth $6,771,000 after purchasing an additional 174,866 shares in the last quarter. Capstone Investment Advisors LLC acquired a new stake in shares of Adams Natural Resources Fund in the 3rd quarter valued at approximately $1,247,000. Finally, Priebe Wealth Holdings LLC bought a new position in shares of Adams Natural Resources Fund in the fourth quarter valued at $317,000. 33.54% of the stock is owned by institutional investors.

Remove Ads

Adams Natural Resources Fund Price Performance

PEO traded down $0.14 during trading on Tuesday, reaching $21.58. 26,817 shares of the stock were exchanged, compared to its average volume of 47,432. The stock's 50 day moving average price is $22.41 and its two-hundred day moving average price is $22.92. Adams Natural Resources Fund, Inc. has a twelve month low of $20.78 and a twelve month high of $24.23.

Adams Natural Resources Fund Increases Dividend

The company also recently disclosed a -- dividend, which was paid on Wednesday, February 26th. Stockholders of record on Monday, January 27th were paid a dividend of $0.53 per share. The ex-dividend date was Monday, January 27th. This is a positive change from Adams Natural Resources Fund's previous -- dividend of $0.16. This represents a dividend yield of 5.3%.

Insider Activity

In other Adams Natural Resources Fund news, VP Gregory W. Buckley purchased 1,450 shares of the stock in a transaction on Wednesday, January 22nd. The shares were purchased at an average price of $23.30 per share, with a total value of $33,785.00. Following the completion of the transaction, the vice president now directly owns 17,604 shares in the company, valued at $410,173.20. This represents a 8.98 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.13% of the stock is owned by insiders.

About Adams Natural Resources Fund

Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.