Accredited Investor Services LLC bought a new position in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) during the 1st quarter, according to the company in its most recent 13F filing 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 and hedge funds have also recently made changes to their positions in the company. CWM LLC boosted its holdings in Adams Diversified Equity Fund by 52.5% in the first quarter. CWM LLC now owns 2,418 shares of the closed-end fund's stock valued at $46,000 after acquiring an additional 832 shares in the last quarter. Cerity Partners LLC boosted its holdings in shares of Adams Diversified Equity Fund by 17.9% during the 1st quarter. Cerity Partners LLC now owns 29,290 shares of the closed-end fund's stock valued at $556,000 after buying an additional 4,455 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Adams Diversified Equity Fund by 38.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 31,839 shares of the closed-end fund's stock valued at $605,000 after buying an additional 8,849 shares in the last quarter. Penserra Capital Management LLC bought a new stake in shares of Adams Diversified Equity Fund during the 1st quarter valued at $4,469,000. Finally, MorganRosel Wealth Management LLC bought a new stake in shares of Adams Diversified Equity Fund during the 1st quarter valued at $100,000. Institutional investors own 28.41% of the company's stock.
Adams Diversified Equity Fund Stock Performance
Shares of ADX stock traded up $0.03 during mid-day trading on Friday, reaching $21.83. 192,746 shares of the company's stock traded hands, compared to its average volume of 278,552. Adams Diversified Equity Fund, Inc. has a 12 month low of $16.50 and a 12 month high of $22.63. The company's 50-day moving average price is $20.88 and its 200-day moving average price is $20.05.
Adams Diversified Equity Fund Dividend Announcement
The firm also recently announced a dividend, which was paid on Friday, May 30th. Stockholders of record on Tuesday, April 29th were issued a dividend of $0.46 per share. This represents a dividend yield of 10.16%. The ex-dividend date was Monday, April 28th.
Adams Diversified Equity Fund 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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