NewEdge Advisors LLC grew its holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 71.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 34,835 shares of the closed-end fund's stock after acquiring an additional 14,535 shares during the quarter. NewEdge Advisors LLC's holdings in Adams Diversified Equity Fund were worth $704,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Adams Diversified Equity Fund in the 4th quarter worth approximately $20,836,000. Bensler LLC grew its holdings in shares of Adams Diversified Equity Fund by 19.5% during the fourth quarter. Bensler LLC now owns 697,217 shares of the closed-end fund's stock valued at $14,084,000 after buying an additional 113,940 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in shares of Adams Diversified Equity Fund by 353.4% in the 4th quarter. Concurrent Investment Advisors LLC now owns 144,314 shares of the closed-end fund's stock valued at $2,915,000 after acquiring an additional 112,482 shares during the period. Consolidated Portfolio Review Corp purchased a new position in Adams Diversified Equity Fund in the 4th quarter worth $2,225,000. Finally, World Investment Advisors LLC purchased a new position in Adams Diversified Equity Fund in the 3rd quarter worth $1,642,000. Hedge funds and other institutional investors own 28.41% of the company's stock.
Adams Diversified Equity Fund Trading Up 1.0 %
Adams Diversified Equity Fund stock opened at $19.02 on Friday. The business's 50-day simple moving average is $18.97 and its two-hundred day simple moving average is $20.33. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $16.50 and a fifty-two week high of $22.63.
Adams Diversified Equity Fund Dividend Announcement
The company also recently announced a dividend, which will be paid on Friday, May 30th. Investors of record on Tuesday, April 29th will be given a $0.46 dividend. The ex-dividend date of this dividend is Monday, April 28th. This represents a yield of 10.16%.
Adams Diversified Equity Fund Company Profile
(
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.
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