Capstone Investment Advisors LLC lifted its holdings in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO - Free Report) by 111.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 113,761 shares of the financial services provider's stock after acquiring an additional 60,062 shares during the quarter. Capstone Investment Advisors LLC owned approximately 0.45% of Adams Natural Resources Fund worth $2,473,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the business. City State Bank bought a new position in Adams Natural Resources Fund during the fourth quarter worth $25,000. Cullen Investment Group LTD. boosted its holdings in shares of Adams Natural Resources Fund by 1.9% during the 4th quarter. Cullen Investment Group LTD. now owns 28,786 shares of the financial services provider's stock worth $626,000 after buying an additional 546 shares during the period. Priebe Wealth Holdings LLC bought a new stake in shares of Adams Natural Resources Fund during the 4th quarter worth about $317,000. RFG Advisory LLC acquired a new position in Adams Natural Resources Fund in the 4th quarter valued at about $326,000. Finally, Principal Securities Inc. raised its holdings in Adams Natural Resources Fund by 50.1% in the 4th quarter. Principal Securities Inc. now owns 26,133 shares of the financial services provider's stock valued at $568,000 after acquiring an additional 8,724 shares during the period. 33.54% of the stock is owned by institutional investors and hedge funds.
Adams Natural Resources Fund Price Performance
Shares of Adams Natural Resources Fund stock traded up $0.19 on Friday, hitting $20.14. The stock had a trading volume of 41,167 shares, compared to its average volume of 51,238. The business's 50 day moving average is $20.96 and its two-hundred day moving average is $22.16. Adams Natural Resources Fund, Inc. has a twelve month low of $18.35 and a twelve month high of $24.23.
Adams Natural Resources Fund Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Monday, April 28th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Monday, April 28th. This represents a $2.08 annualized dividend and a dividend yield of 10.33%.
Adams Natural Resources Fund Company Profile
(
Free Report)
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.
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