Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Sold by General American Investors Co. Inc.

General American Investors Co. Inc. lessened its holdings in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 22.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,124 shares of the closed-end fund's stock after selling 38,695 shares during the period. General American Investors Co. Inc. owned 0.11% of Adams Diversified Equity Fund worth $2,827,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Farther Finance Advisors LLC acquired a new stake in shares of Adams Diversified Equity Fund in the third quarter valued at approximately $30,000. Rothschild Investment LLC purchased a new position in shares of Adams Diversified Equity Fund during the 2nd quarter worth $45,000. Sunbelt Securities Inc. boosted its position in shares of Adams Diversified Equity Fund by 23,200.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund's stock valued at $55,000 after acquiring an additional 2,552 shares during the last quarter. Great Valley Advisor Group Inc. purchased a new stake in shares of Adams Diversified Equity Fund in the second quarter valued at about $206,000. Finally, Covestor Ltd acquired a new stake in Adams Diversified Equity Fund during the first quarter worth about $203,000. Institutional investors and hedge funds own 28.41% of the company's stock.

Insider Activity

In other Adams Diversified Equity Fund news, Director Jane Musser Nelson bought 1,155 shares of the business's stock in a transaction on Thursday, October 31st. The stock was bought at an average price of $21.69 per share, with a total value 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. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director Frederic A. Escherich sold 4,833 shares of Adams Diversified Equity Fund stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $21.90, for a total value of $105,842.70. Following the completion of the sale, the director now owns 59,408 shares in the company, valued at approximately $1,301,035.20. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jane Musser Nelson purchased 1,155 shares of the firm's stock in a transaction on Thursday, October 31st. The shares were purchased at an average price 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 of the company's stock, valued at $108,059.58. This represents a 0.00 % 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.

Adams Diversified Equity Fund Stock Performance

NYSE:ADX traded up $0.19 on Thursday, hitting $22.49. The stock had a trading volume of 242,111 shares, compared to its average volume of 193,165. The company has a fifty day moving average price of $21.44 and a two-hundred day moving average price of $21.00. Adams Diversified Equity Fund, Inc. has a 1-year low of $16.47 and a 1-year high of $22.58.

Adams Diversified Equity Fund Company 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.