ARQ Wealth Advisors LLC increased its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 63.3% 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 134,567 shares of the closed-end fund's stock after acquiring an additional 52,176 shares during the period. ARQ Wealth Advisors LLC owned about 0.11% of Adams Diversified Equity Fund worth $2,555,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. CIBC Private Wealth Group LLC acquired a new stake in Adams Diversified Equity Fund during the fourth quarter worth about $31,000. UMB Bank n.a. bought a new position in shares of Adams Diversified Equity Fund in the first quarter valued at approximately $46,000. CWM LLC raised its position in Adams Diversified Equity Fund by 52.5% in the 1st quarter. CWM LLC now owns 2,418 shares of the closed-end fund's stock worth $46,000 after purchasing an additional 832 shares during the last quarter. Elequin Capital LP bought a new position in Adams Diversified Equity Fund in the 4th quarter worth approximately $53,000. Finally, MorganRosel Wealth Management LLC bought a new position in Adams Diversified Equity Fund in the 1st quarter worth approximately $100,000. 28.41% of the stock is currently owned by institutional investors.
Adams Diversified Equity Fund Price Performance
ADX traded down $0.09 during trading on Tuesday, reaching $21.86. 316,001 shares of the company's stock were exchanged, compared to its average volume of 280,729. The company's fifty day moving average price is $20.93 and its 200-day moving average price is $20.06. 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 business also recently announced a dividend, which will be paid on Thursday, August 28th. Investors of record on Tuesday, July 29th will be paid a $0.46 dividend. This represents a yield of 8.37%. The ex-dividend date of this dividend is Monday, July 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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