Adams Diversified Equity Fund, Inc. (NYSE:ADX) Stake Lifted by Quantedge Capital Pte Ltd

Quantedge Capital Pte Ltd increased its stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 40.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,257 shares of the closed-end fund's stock after acquiring an additional 14,500 shares during the period. Quantedge Capital Pte Ltd's holdings in Adams Diversified Equity Fund were worth $1,015,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in Adams Diversified Equity Fund by 65.3% during the third quarter. JPMorgan Chase & Co. now owns 11,999 shares of the closed-end fund's stock worth $259,000 after buying an additional 4,741 shares in the last quarter. Park Avenue Securities LLC boosted its holdings in Adams Diversified Equity Fund by 28.8% during the fourth quarter. Park Avenue Securities LLC now owns 19,638 shares of the closed-end fund's stock worth $397,000 after buying an additional 4,389 shares in the last quarter. Stolper Co boosted its holdings in Adams Diversified Equity Fund by 3.9% during the fourth quarter. Stolper Co now owns 94,165 shares of the closed-end fund's stock worth $1,902,000 after buying an additional 3,507 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in Adams Diversified Equity Fund by 18.9% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 217,882 shares of the closed-end fund's stock worth $4,401,000 after buying an additional 34,691 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in Adams Diversified Equity Fund by 9.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 51,405 shares of the closed-end fund's stock worth $1,038,000 after purchasing an additional 4,440 shares during the period. 28.41% of the stock is currently owned by institutional investors.

Adams Diversified Equity Fund Stock Up 0.1%

Adams Diversified Equity Fund stock opened at $20.12 on Thursday. The company has a 50 day moving average price of $18.78 and a 200 day moving average price of $20.12. Adams Diversified Equity Fund, Inc. has a 52 week low of $16.50 and a 52 week high of $22.63.

Adams Diversified Equity Fund Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, May 30th. Shareholders of record on Tuesday, April 29th will be given a $0.46 dividend. The ex-dividend date is Monday, April 28th. This represents a yield of 10.16%.

Adams Diversified Equity Fund Company 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.

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