K2 Principal Fund L.P. purchased a new stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 15,478 shares of the closed-end fund's stock, valued at approximately $313,000.
Other large investors have also added to or reduced their stakes in the company. HTLF Bank boosted its stake 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 purchased a new stake in shares of Adams Diversified Equity Fund in the fourth quarter worth about $419,000. Jones Financial Companies Lllp boosted its stake in shares of Adams Diversified Equity Fund by 117.0% in the fourth quarter. Jones Financial Companies Lllp now owns 35,414 shares of the closed-end fund's stock worth $715,000 after buying an additional 19,094 shares during the last quarter. Generation Capital Management LLC purchased a new stake in shares of Adams Diversified Equity Fund in the fourth quarter worth about $994,000. Finally, Bensler LLC boosted its stake in shares of Adams Diversified Equity Fund by 19.5% in the fourth quarter. Bensler LLC now owns 697,217 shares of the closed-end fund's stock worth $14,084,000 after buying an additional 113,940 shares during the last quarter. Hedge funds and other institutional investors own 28.41% of the company's stock.
Adams Diversified Equity Fund Stock Up 0.1%
Shares of ADX traded up $0.02 during mid-day trading on Wednesday, reaching $20.12. The company had a trading volume of 192,632 shares, compared to its average volume of 255,332. Adams Diversified Equity Fund, Inc. has a 52-week low of $16.50 and a 52-week high of $22.63. The stock has a 50 day moving average of $18.78 and a two-hundred day moving average of $20.12.
Adams Diversified Equity Fund Announces Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 30th. Investors of record on Tuesday, April 29th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Monday, April 28th. This represents a yield of 10.16%.
Adams Diversified Equity Fund Profile
(
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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