Raymond James Financial Inc. acquired a new stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,031,487 shares of the closed-end fund's stock, valued at approximately $20,836,000. Raymond James Financial Inc. owned about 0.83% of Adams Diversified Equity Fund at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. HTLF Bank lifted its position in shares of Adams Diversified Equity Fund by 6.4% in the fourth quarter. HTLF Bank now owns 246,496 shares of the closed-end fund's stock worth $4,979,000 after buying an additional 14,775 shares during the last quarter. Mezzasalma Advisors LLC acquired a new stake in Adams Diversified Equity Fund in the 4th quarter worth approximately $419,000. Jones Financial Companies Lllp boosted its position in Adams Diversified Equity Fund by 117.0% during the fourth quarter. Jones Financial Companies Lllp now owns 35,414 shares of the closed-end fund's stock worth $715,000 after purchasing an additional 19,094 shares during the period. Bensler LLC grew its holdings in 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 purchasing an additional 113,940 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of Adams Diversified Equity Fund by 125.2% in the fourth quarter. Corient Private Wealth LLC now owns 55,330 shares of the closed-end fund's stock worth $1,118,000 after buying an additional 30,763 shares during the last quarter. 28.41% of the stock is currently owned by institutional investors.
Adams Diversified Equity Fund Stock Performance
ADX traded up $0.18 during trading on Thursday, hitting $18.78. The stock had a trading volume of 75,966 shares, compared to its average volume of 315,731. Adams Diversified Equity Fund, Inc. has a 12 month low of $16.50 and a 12 month high of $22.63. The company has a 50 day simple moving average of $19.05 and a 200-day simple moving average of $20.38.
Adams Diversified Equity Fund Announces Dividend
The firm also recently announced a dividend, which will be paid on Friday, May 30th. Investors of record on Tuesday, April 29th will be paid a dividend of $0.46 per share. The ex-dividend date is Monday, April 28th. This represents a yield of 10.16%.
About Adams Diversified Equity Fund
(
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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