Hennion & Walsh Asset Management Inc. Purchases 40,497 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Hennion & Walsh Asset Management Inc. increased its stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 28.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 183,191 shares of the closed-end fund's stock after purchasing an additional 40,497 shares during the period. Hennion & Walsh Asset Management Inc. owned approximately 0.15% of Adams Diversified Equity Fund worth $3,950,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of ADX. Private Advisor Group LLC raised its position in Adams Diversified Equity Fund by 42.0% during the third quarter. Private Advisor Group LLC now owns 17,701 shares of the closed-end fund's stock valued at $382,000 after purchasing an additional 5,233 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of Adams Diversified Equity Fund during the 3rd quarter worth $248,000. Quad Cities Investment Group LLC boosted its stake in Adams Diversified Equity Fund by 6.7% in the third quarter. Quad Cities Investment Group LLC now owns 23,178 shares of the closed-end fund's stock valued at $500,000 after buying an additional 1,449 shares in the last quarter. Koshinski Asset Management Inc. grew its position in Adams Diversified Equity Fund by 4.5% in the third quarter. Koshinski Asset Management Inc. now owns 58,984 shares of the closed-end fund's stock valued at $1,272,000 after acquiring an additional 2,545 shares during the last quarter. Finally, Sage Capital Advisors llc raised its stake in Adams Diversified Equity Fund by 3.6% during the third quarter. Sage Capital Advisors llc now owns 25,402 shares of the closed-end fund's stock worth $548,000 after acquiring an additional 885 shares in the last quarter. Institutional investors and hedge funds own 28.41% of the company's stock.

Adams Diversified Equity Fund Trading Up 0.3 %

Shares of ADX traded up $0.07 during mid-day trading on Friday, reaching $21.74. The company had a trading volume of 224,000 shares, compared to its average volume of 190,640. The company's 50 day simple moving average is $21.33 and its 200 day simple moving average is $20.81. Adams Diversified Equity Fund, Inc. has a 1-year low of $15.81 and a 1-year high of $22.49.

Adams Diversified Equity Fund 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.