Corient Private Wealth LLC raised its stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 125.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,330 shares of the closed-end fund's stock after purchasing an additional 30,763 shares during the period. Corient Private Wealth LLC's holdings in Adams Diversified Equity Fund were worth $1,118,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. HTLF Bank grew its stake in Adams Diversified Equity Fund by 6.4% in the 4th quarter. HTLF Bank now owns 246,496 shares of the closed-end fund's stock valued at $4,979,000 after buying an additional 14,775 shares during the last quarter. Walleye Capital LLC bought a new stake in shares of Adams Diversified Equity Fund during the third quarter worth approximately $721,000. Mezzasalma Advisors LLC acquired a new position in shares of Adams Diversified Equity Fund in the fourth quarter valued at approximately $419,000. Jones Financial Companies Lllp increased its stake in shares of Adams Diversified Equity Fund by 117.0% during the fourth quarter. Jones Financial Companies Lllp now owns 35,414 shares of the closed-end fund's stock worth $715,000 after purchasing an additional 19,094 shares during the period. Finally, Bensler LLC lifted its holdings in Adams Diversified Equity Fund by 19.5% during the 4th quarter. Bensler LLC now owns 697,217 shares of the closed-end fund's stock worth $14,084,000 after purchasing an additional 113,940 shares during the last quarter. 28.41% of the stock is owned by institutional investors.
Adams Diversified Equity Fund Stock Performance
ADX traded down $0.29 during trading on Friday, hitting $18.96. The stock had a trading volume of 271,655 shares, compared to its average volume of 240,549. The company has a 50 day moving average price of $20.06 and a 200-day moving average price of $20.79. Adams Diversified Equity Fund, Inc. has a one year low of $18.36 and a one year high of $22.63.
Adams Diversified Equity Fund Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, January 27th were given a $0.47 dividend. The ex-dividend date was Monday, January 27th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 9.92%.
About Adams Diversified Equity Fund
(
Free Report)
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.
See Also
Before you consider Adams Diversified Equity Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Adams Diversified Equity Fund wasn't on the list.
While Adams Diversified Equity Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
