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Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Acquired by Ameriprise Financial Inc.

Adams Diversified Equity Fund logo with Finance background

Ameriprise Financial Inc. boosted its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 66.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,220 shares of the closed-end fund's stock after buying an additional 22,765 shares during the period. Ameriprise Financial Inc.'s holdings in Adams Diversified Equity Fund were worth $1,156,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. CIBC Private Wealth Group LLC acquired a new position in shares of Adams Diversified Equity Fund during the 4th quarter worth approximately $31,000. First Command Advisory Services Inc. acquired a new position in shares of Adams Diversified Equity Fund during the 4th quarter worth approximately $89,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of Adams Diversified Equity Fund by 9.4% during the 4th 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 during the last quarter. Allworth Financial LP acquired a new position in shares of Adams Diversified Equity Fund during the 4th quarter worth approximately $202,000. Finally, Two Sigma Securities LLC acquired a new position in shares of Adams Diversified Equity Fund during the 4th quarter worth approximately $210,000. 28.41% of the stock is currently owned by hedge funds and other institutional investors.

Adams Diversified Equity Fund Price Performance

Shares of Adams Diversified Equity Fund stock remained flat at $20.56 on Thursday. The stock had a trading volume of 283,571 shares, compared to its average volume of 256,512. The stock's fifty day moving average is $19.16 and its 200-day moving average is $19.94. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $16.50 and a fifty-two week high of $22.63.

Adams Diversified Equity Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 30th. Investors of record on Tuesday, April 29th were issued a $0.46 dividend. This represents a yield of 10.16%. The ex-dividend date of this dividend was Monday, April 28th.

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.

Further Reading

Institutional Ownership by Quarter for Adams Diversified Equity Fund (NYSE:ADX)

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