Accredited Investor Services LLC bought a new stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,164 shares of the closed-end fund's stock, valued at approximately $288,000.
Other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in Adams Diversified Equity Fund during the 4th quarter worth approximately $20,836,000. Penserra Capital Management LLC purchased a new position in shares of Adams Diversified Equity Fund during the first quarter worth approximately $4,469,000. 1607 Capital Partners LLC grew its position in shares of Adams Diversified Equity Fund by 26.3% during the fourth quarter. 1607 Capital Partners LLC now owns 746,861 shares of the closed-end fund's stock worth $15,087,000 after acquiring an additional 155,295 shares during the last quarter. Lazard Asset Management LLC increased its holdings in shares of Adams Diversified Equity Fund by 5.0% in the 4th quarter. Lazard Asset Management LLC now owns 2,997,278 shares of the closed-end fund's stock valued at $60,545,000 after acquiring an additional 143,863 shares during the period. Finally, Bensler LLC raised its position in Adams Diversified Equity Fund by 13.0% in the 1st quarter. Bensler LLC now owns 787,512 shares of the closed-end fund's stock valued at $14,955,000 after purchasing an additional 90,295 shares during the last quarter. Hedge funds and other institutional investors own 28.41% of the company's stock.
Adams Diversified Equity Fund Stock Up 0.0%
NYSE:ADX traded up $0.01 during trading hours on Tuesday, reaching $21.69. 260,518 shares of the company's stock were exchanged, compared to its average volume of 283,148. Adams Diversified Equity Fund, Inc. has a 1-year low of $16.50 and a 1-year high of $22.63. The company has a 50-day moving average of $20.73 and a 200 day moving average of $20.01.
Adams Diversified Equity Fund Announces Dividend
The company also recently disclosed a dividend, which was paid on Friday, May 30th. Shareholders of record on Tuesday, April 29th were given a dividend of $0.46 per share. The ex-dividend date was Monday, April 28th. This represents a yield of 10.16%.
Adams Diversified Equity Fund Company Profile
(
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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