HTLF Bank Boosts Stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

HTLF Bank grew its holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 6.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 246,496 shares of the closed-end fund's stock after acquiring an additional 14,775 shares during the quarter. HTLF Bank owned about 0.20% of Adams Diversified Equity Fund worth $4,979,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of ADX. World Investment Advisors LLC purchased a new position in shares of Adams Diversified Equity Fund in the 3rd quarter valued at approximately $34,599,000. Landscape Capital Management L.L.C. raised its position in Adams Diversified Equity Fund by 2,789.5% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 413,023 shares of the closed-end fund's stock worth $8,905,000 after buying an additional 398,729 shares during the last quarter. Shaker Financial Services LLC acquired a new stake in shares of Adams Diversified Equity Fund in the 3rd quarter worth $4,446,000. Bensler LLC boosted its holdings in shares of Adams Diversified Equity Fund by 19.5% in the fourth quarter. Bensler LLC now owns 697,217 shares of the closed-end fund's stock valued at $14,084,000 after acquiring an additional 113,940 shares in the last quarter. Finally, Consolidated Portfolio Review Corp purchased a new position in Adams Diversified Equity Fund during the fourth quarter worth about $2,225,000. 28.41% of the stock is owned by hedge funds and other institutional investors.

Adams Diversified Equity Fund Stock Performance

NYSE ADX traded up $0.02 on Wednesday, hitting $20.71. 253,447 shares of the company's stock were exchanged, compared to its average volume of 327,962. The firm's 50-day moving average price is $20.57 and its two-hundred day moving average price is $21.07. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $18.33 and a fifty-two week high of $22.63.

Adams Diversified Equity Fund Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, January 27th will be paid a dividend of $0.47 per share. The ex-dividend date is Monday, January 27th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 9.08%.

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.