Level Four Advisory Services LLC Acquires Shares of 13,850 Adams Natural Resources Fund, Inc. (NYSE:PEO)

Level Four Advisory Services LLC acquired a new stake in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,850 shares of the financial services provider's stock, valued at approximately $301,000. Level Four Advisory Services LLC owned approximately 0.05% of Adams Natural Resources Fund as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Adams Diversified Equity Fund Inc. increased its position in shares of Adams Natural Resources Fund by 4.6% in the 4th quarter. Adams Diversified Equity Fund Inc. now owns 2,340,933 shares of the financial services provider's stock valued at $50,892,000 after acquiring an additional 102,254 shares during the period. Raymond James Financial Inc. purchased a new stake in Adams Natural Resources Fund in the fourth quarter valued at approximately $4,944,000. FCA Corp TX boosted its position in Adams Natural Resources Fund by 3.5% in the fourth quarter. FCA Corp TX now owns 112,897 shares of the financial services provider's stock valued at $2,454,000 after buying an additional 3,860 shares during the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in Adams Natural Resources Fund by 13.5% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 103,255 shares of the financial services provider's stock worth $2,245,000 after buying an additional 12,243 shares during the period. Finally, Stifel Financial Corp raised its position in Adams Natural Resources Fund by 2.2% during the 3rd quarter. Stifel Financial Corp now owns 74,260 shares of the financial services provider's stock worth $1,724,000 after buying an additional 1,582 shares during the last quarter. 33.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Adams Natural Resources Fund

In other news, VP Gregory W. Buckley purchased 1,450 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The shares were purchased at an average cost of $23.30 per share, with a total value of $33,785.00. Following the completion of the acquisition, the vice president now owns 17,604 shares of the company's stock, valued at approximately $410,173.20. This represents a 8.98 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.13% of the company's stock.

Adams Natural Resources Fund Stock Down 9.3 %

Shares of PEO stock traded down $2.00 during trading hours on Friday, hitting $19.55. The company's stock had a trading volume of 183,146 shares, compared to its average volume of 48,643. Adams Natural Resources Fund, Inc. has a 12-month low of $19.51 and a 12-month high of $24.23. The company has a 50 day moving average of $22.21 and a 200 day moving average of $22.86.

Adams Natural Resources Fund Increases Dividend

The business also recently declared a -- dividend, which was paid on Wednesday, February 26th. Shareholders of record on Monday, January 27th were given a dividend of $0.53 per share. This is an increase from Adams Natural Resources Fund's previous -- dividend of $0.16. This represents a yield of 5.3%. The ex-dividend date was Monday, January 27th.

Adams Natural Resources Fund Company Profile

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.