Adams Diversified Equity Fund, Inc. (NYSE:ADX - Get Free Report) Director Frederic A. Escherich sold 9,500 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $21.93, for a total transaction of $208,335.00. Following the transaction, the director now directly owns 49,908 shares in the company, valued at $1,094,482.44. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Adams Diversified Equity Fund Stock Up 0.4 %
Shares of ADX stock traded up $0.08 during trading on Tuesday, reaching $21.88. The company had a trading volume of 160,179 shares, compared to its average volume of 191,131. The firm's 50 day simple moving average is $21.36 and its two-hundred day simple moving average is $20.88. Adams Diversified Equity Fund, Inc. has a one year low of $15.91 and a one year high of $22.49.
Hedge Funds Weigh In On Adams Diversified Equity Fund
A number of institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC bought a new stake in shares of Adams Diversified Equity Fund during the 3rd quarter worth $30,000. Rothschild Investment LLC acquired a new stake in shares of Adams Diversified Equity Fund in the second quarter valued at about $45,000. Sunbelt Securities Inc. grew its position in shares of Adams Diversified Equity Fund by 23,200.0% in the second quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund's stock valued at $55,000 after purchasing an additional 2,552 shares during the last quarter. Tradewinds Capital Management LLC bought a new position in shares of Adams Diversified Equity Fund in the first quarter worth about $173,000. Finally, Covestor Ltd bought a new stake in Adams Diversified Equity Fund during the 1st quarter valued at approximately $203,000. Institutional investors 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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