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26,520 Shares in Adams Diversified Equity Fund, Inc. (NYSE:ADX) Purchased by Joel Isaacson & Co. LLC

Adams Diversified Equity Fund logo with Finance background

Joel Isaacson & Co. LLC bought a new position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 26,520 shares of the closed-end fund's stock, valued at approximately $504,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Uniting Wealth Partners LLC lifted its position in shares of Adams Diversified Equity Fund by 7.3% in the 1st quarter. Uniting Wealth Partners LLC now owns 20,386 shares of the closed-end fund's stock worth $387,000 after purchasing an additional 1,390 shares during the period. Consolidated Portfolio Review Corp raised its stake in Adams Diversified Equity Fund by 35.7% in the first quarter. Consolidated Portfolio Review Corp now owns 149,453 shares of the closed-end fund's stock worth $2,838,000 after buying an additional 39,292 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Adams Diversified Equity Fund by 68.7% during the first quarter. Oppenheimer & Co. Inc. now owns 34,748 shares of the closed-end fund's stock worth $660,000 after buying an additional 14,149 shares during the period. Avior Wealth Management LLC lifted its holdings in Adams Diversified Equity Fund by 17.2% during the first quarter. Avior Wealth Management LLC now owns 22,188 shares of the closed-end fund's stock worth $421,000 after buying an additional 3,250 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in Adams Diversified Equity Fund by 4.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 54,754 shares of the closed-end fund's stock valued at $1,040,000 after acquiring an additional 2,390 shares in the last quarter. 28.41% of the stock is currently owned by institutional investors.

Adams Diversified Equity Fund Trading Up 0.4%

Shares of NYSE:ADX opened at $21.48 on Monday. Adams Diversified Equity Fund, Inc. has a 12-month low of $16.50 and a 12-month high of $22.63. The business's fifty day simple moving average is $20.08 and its 200-day simple moving average is $19.92.

Adams Diversified Equity Fund Announces Dividend

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

About Adams Diversified Equity Fund

(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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Want to see what other hedge funds are holding ADX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report).

Institutional Ownership by Quarter for Adams Diversified Equity Fund (NYSE:ADX)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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