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Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Frederic A. Escherich Sells 4,833 Shares

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Adams Diversified Equity Fund, Inc. (NYSE:ADX - Get Free Report) Director Frederic A. Escherich sold 4,833 shares of the company's stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $21.90, for a total transaction of $105,842.70. Following the transaction, the director now owns 59,408 shares in the company, valued at $1,301,035.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Adams Diversified Equity Fund Price Performance

Shares of NYSE ADX traded up $0.04 during trading on Monday, hitting $21.80. 320,975 shares of the company traded hands, compared to its average volume of 191,267. The business's fifty day moving average is $21.34 and its 200 day moving average is $20.85. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $15.91 and a fifty-two week high of $22.49.

Hedge Funds Weigh In On Adams Diversified Equity Fund

Several institutional investors have recently made changes to their positions in the stock. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Adams Diversified Equity Fund by 28.4% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 183,191 shares of the closed-end fund's stock valued at $3,950,000 after purchasing an additional 40,497 shares during the period. Private Advisor Group LLC raised its holdings in shares of Adams Diversified Equity Fund by 42.0% in the 3rd quarter. Private Advisor Group LLC now owns 17,701 shares of the closed-end fund's stock worth $382,000 after acquiring an additional 5,233 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of Adams Diversified Equity Fund in the 3rd quarter worth about $248,000. Quad Cities Investment Group LLC raised its holdings in shares of Adams Diversified Equity Fund by 6.7% in the 3rd quarter. Quad Cities Investment Group LLC now owns 23,178 shares of the closed-end fund's stock worth $500,000 after acquiring an additional 1,449 shares during the last quarter. Finally, Koshinski Asset Management Inc. raised its holdings in shares of Adams Diversified Equity Fund by 4.5% in the 3rd quarter. Koshinski Asset Management Inc. now owns 58,984 shares of the closed-end fund's stock worth $1,272,000 after acquiring an additional 2,545 shares during the last quarter. Institutional investors and hedge funds own 28.41% of the company's stock.

About Adams Diversified Equity Fund

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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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