Concurrent Investment Advisors LLC trimmed its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 63.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,668 shares of the closed-end fund's stock after selling 91,646 shares during the period. 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 hedge funds have also recently bought and sold shares of ADX. Polar Asset Management Partners Inc. acquired a new stake in shares of Adams Diversified Equity Fund in the fourth quarter valued at about $1,512,000. Ameriprise Financial Inc. raised its stake in Adams Diversified Equity Fund by 66.1% during the 4th quarter. Ameriprise Financial Inc. now owns 57,220 shares of the closed-end fund's stock valued at $1,156,000 after purchasing an additional 22,765 shares during the last quarter. Consolidated Portfolio Review Corp raised its stake in Adams Diversified Equity Fund by 35.7% during the 1st quarter. Consolidated Portfolio Review Corp now owns 149,453 shares of the closed-end fund's stock valued at $2,838,000 after purchasing an additional 39,292 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in Adams Diversified Equity Fund by 68.7% during the 1st quarter. Oppenheimer & Co. Inc. now owns 34,748 shares of the closed-end fund's stock valued at $660,000 after purchasing an additional 14,149 shares during the last quarter. Finally, Generation Capital Management LLC acquired a new position in Adams Diversified Equity Fund during the 4th quarter valued at $994,000. 28.41% of the stock is owned by institutional investors and hedge funds.
Adams Diversified Equity Fund Stock Down 0.6%
ADX stock traded down $0.13 during trading on Thursday, reaching $21.81. 135,525 shares of the stock were exchanged, compared to its average volume of 296,119. Adams Diversified Equity Fund, Inc. has a twelve month low of $16.50 and a twelve month high of $22.63. The stock has a 50 day simple moving average of $20.58 and a 200-day simple moving average of $20.00.
Adams Diversified Equity Fund Dividend Announcement
The company also recently announced a dividend, which was paid on Friday, May 30th. Investors of record on Tuesday, April 29th were given a dividend of $0.46 per share. This represents a yield of 10.16%. The ex-dividend date was Monday, April 28th.
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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