Concurrent Investment Advisors LLC Has $1 Million Stock Position in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Concurrent Investment Advisors LLC trimmed its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 63.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,668 shares of the closed-end fund's stock after selling 91,646 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Adams Diversified Equity Fund were worth $1,000,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. CIBC Private Wealth Group LLC bought a new stake in shares of Adams Diversified Equity Fund during the fourth quarter worth $31,000. UMB Bank n.a. bought a new stake in Adams Diversified Equity Fund during the 1st quarter worth about $46,000. Elequin Capital LP acquired a new stake in Adams Diversified Equity Fund in the 4th quarter valued at about $53,000. MorganRosel Wealth Management LLC acquired a new stake in Adams Diversified Equity Fund in the 1st quarter valued at about $100,000. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of Adams Diversified Equity Fund by 9.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,687 shares of the closed-end fund's stock worth $135,000 after purchasing an additional 576 shares in the last quarter. 28.41% of the stock is owned by institutional investors.

Adams Diversified Equity Fund Stock Down 0.4%

Shares of NYSE ADX traded down $0.08 during midday trading on Friday, hitting $21.67. The stock had a trading volume of 317,309 shares, compared to its average volume of 276,503. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $16.50 and a fifty-two week high of $22.63. The company's 50-day simple moving average is $20.63 and its 200 day simple moving average is $20.01.

Adams Diversified Equity Fund Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, May 30th. Stockholders 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 dividend yield of 10.16%.

Adams Diversified Equity Fund Profile

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.