Joel Isaacson & Co. LLC purchased a new position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 26,520 shares of the closed-end fund's stock, valued at approximately $504,000.
A number of other large investors also recently bought and sold shares of the business. Lazard Asset Management LLC lifted its position in shares of Adams Diversified Equity Fund by 5.0% during the fourth quarter. Lazard Asset Management LLC now owns 2,997,278 shares of the closed-end fund's stock worth $60,545,000 after purchasing an additional 143,863 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Adams Diversified Equity Fund in the 4th quarter worth about $20,836,000. Blue Bell Private Wealth Management LLC lifted its holdings in Adams Diversified Equity Fund by 4.9% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 936,489 shares of the closed-end fund's stock valued at $18,917,000 after buying an additional 43,340 shares in the last quarter. Bensler LLC lifted its holdings in Adams Diversified Equity Fund by 13.0% during the 1st quarter. Bensler LLC now owns 787,512 shares of the closed-end fund's stock valued at $14,955,000 after buying an additional 90,295 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in Adams Diversified Equity Fund by 9.8% in the 4th quarter. Royal Bank of Canada now owns 755,447 shares of the closed-end fund's stock worth $15,261,000 after acquiring an additional 67,533 shares in the last quarter. Hedge funds and other institutional investors own 28.41% of the company's stock.
Adams Diversified Equity Fund Stock Performance
Shares of NYSE:ADX traded up $0.30 during trading on Thursday, reaching $21.90. 207,061 shares of the company were exchanged, compared to its average volume of 272,406. The business's fifty day simple moving average is $20.29 and its 200-day simple moving average is $19.95. Adams Diversified Equity Fund, Inc. has a 12-month low of $16.50 and a 12-month high of $22.63.
Adams Diversified Equity Fund Dividend Announcement
The company also recently disclosed a dividend, which was paid on Friday, May 30th. Shareholders of record on Tuesday, April 29th were issued a dividend of $0.46 per share. 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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