Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Acquired by 1607 Capital Partners LLC

1607 Capital Partners LLC grew its holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 26.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 746,861 shares of the closed-end fund's stock after buying an additional 155,295 shares during the quarter. Adams Diversified Equity Fund makes up 1.2% of 1607 Capital Partners LLC's portfolio, making the stock its 24th largest position. 1607 Capital Partners LLC owned 0.60% of Adams Diversified Equity Fund worth $15,087,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of Adams Diversified Equity Fund during the 4th quarter worth about $20,836,000. Bensler LLC lifted its position in shares of Adams Diversified Equity Fund by 19.5% during the 4th quarter. Bensler LLC now owns 697,217 shares of the closed-end fund's stock valued at $14,084,000 after acquiring an additional 113,940 shares during the period. Concurrent Investment Advisors LLC grew its holdings in Adams Diversified Equity Fund by 353.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 144,314 shares of the closed-end fund's stock worth $2,915,000 after buying an additional 112,482 shares in the last quarter. Consolidated Portfolio Review Corp bought a new position in Adams Diversified Equity Fund during the fourth quarter valued at $2,225,000. Finally, World Investment Advisors LLC bought a new stake in shares of Adams Diversified Equity Fund during the third quarter valued at about $1,642,000. Institutional investors and hedge funds own 28.41% of the company's stock.

Adams Diversified Equity Fund Trading Down 2.6 %

Shares of NYSE ADX traded down $0.47 during midday trading on Monday, reaching $17.71. The company had a trading volume of 195,292 shares, compared to its average volume of 251,772. Adams Diversified Equity Fund, Inc. has a one year low of $16.50 and a one year high of $22.63. The firm's fifty day moving average price is $19.21 and its 200-day moving average price is $20.43.

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.