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.
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