Wolverine Asset Management LLC Purchases Shares of 30,367 Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Wolverine Asset Management LLC purchased a new stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 30,367 shares of the closed-end fund's stock, valued at approximately $655,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new stake in Adams Diversified Equity Fund during the 3rd quarter valued at approximately $30,000. Rothschild Investment LLC acquired a new position in Adams Diversified Equity Fund in the second quarter valued at approximately $45,000. Sunbelt Securities Inc. grew its stake in shares of Adams Diversified Equity Fund by 23,200.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund's stock worth $55,000 after purchasing an additional 2,552 shares during the period. Covestor Ltd purchased a new position in shares of Adams Diversified Equity Fund during the 1st quarter valued at approximately $203,000. Finally, Great Valley Advisor Group Inc. purchased a new position in Adams Diversified Equity Fund during the second quarter worth approximately $206,000. Institutional investors own 28.41% of the company's stock.

Adams Diversified Equity Fund Trading Down 0.8 %

ADX stock traded down $0.18 during trading on Thursday, hitting $22.27. The stock had a trading volume of 166,090 shares, compared to its average volume of 193,170. Adams Diversified Equity Fund, Inc. has a twelve month low of $16.47 and a twelve month high of $22.58. The company's 50-day moving average price is $21.58 and its two-hundred day moving average price is $21.13.

Insider Transactions at Adams Diversified Equity Fund

In related news, Director Jane Musser Nelson acquired 1,155 shares of the stock in a transaction that occurred on Thursday, October 31st. The stock was purchased at an average price of $21.69 per share, with a total value of $25,051.95. Following the transaction, the director now owns 4,982 shares of the company's stock, valued at approximately $108,059.58. This trade represents a 30.18 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Frederic A. Escherich sold 4,833 shares of the firm's stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $21.90, for a total value of $105,842.70. Following the transaction, the director now owns 59,408 shares of the company's stock, valued at $1,301,035.20. This trade represents a 7.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.11% of the company's stock.

About Adams Diversified Equity Fund

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.