Pathstone Holdings LLC Acquires 122,847 Shares of Adams Natural Resources Fund, Inc. (NYSE:PEO)

Pathstone Holdings LLC lifted its holdings in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO - Free Report) by 42.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 414,351 shares of the financial services provider's stock after acquiring an additional 122,847 shares during the period. Pathstone Holdings LLC owned approximately 1.62% of Adams Natural Resources Fund worth $9,011,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Focus Partners Wealth boosted its stake in Adams Natural Resources Fund by 3.6% in the fourth quarter. Focus Partners Wealth now owns 15,570 shares of the financial services provider's stock valued at $338,000 after acquiring an additional 541 shares during the last quarter. Moors & Cabot Inc. boosted its holdings in Adams Natural Resources Fund by 4.6% in the 4th quarter. Moors & Cabot Inc. now owns 15,298 shares of the financial services provider's stock valued at $333,000 after purchasing an additional 669 shares during the period. Kovack Advisors Inc. raised its stake in Adams Natural Resources Fund by 4.6% in the fourth quarter. Kovack Advisors Inc. now owns 22,740 shares of the financial services provider's stock valued at $494,000 after purchasing an additional 991 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Adams Natural Resources Fund by 31.9% in the 4th quarter. Jones Financial Companies Lllp now owns 4,547 shares of the financial services provider's stock worth $99,000 after purchasing an additional 1,100 shares in the last quarter. Finally, Stifel Financial Corp raised its stake in shares of Adams Natural Resources Fund by 1.6% during the fourth quarter. Stifel Financial Corp now owns 75,452 shares of the financial services provider's stock worth $1,640,000 after acquiring an additional 1,192 shares in the last quarter. 33.54% of the stock is owned by institutional investors.

Adams Natural Resources Fund Price Performance

NYSE:PEO traded down $0.12 during trading hours on Tuesday, reaching $20.32. The company's stock had a trading volume of 40,097 shares, compared to its average volume of 52,013. Adams Natural Resources Fund, Inc. has a 1 year low of $18.35 and a 1 year high of $24.23. The firm has a 50-day simple moving average of $20.85 and a 200-day simple moving average of $22.03.

Adams Natural Resources Fund Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Monday, April 28th will be issued a $0.52 dividend. The ex-dividend date of this dividend is Monday, April 28th. This represents a $2.08 annualized dividend and a yield of 10.24%.

Adams Natural Resources Fund Company Profile

Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.