Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Sold by Millennium Management LLC

Millennium Management LLC reduced its stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 79.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,264 shares of the closed-end fund's stock after selling 64,632 shares during the quarter. Millennium Management LLC's holdings in Adams Diversified Equity Fund were worth $329,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. CIBC Private Wealth Group LLC acquired a new stake in Adams Diversified Equity Fund in the fourth quarter valued at approximately $31,000. First Command Advisory Services Inc. acquired a new stake in Adams Diversified Equity Fund in the 4th quarter valued at $89,000. Steward Partners Investment Advisory LLC increased its holdings in Adams Diversified Equity Fund by 9.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,687 shares of the closed-end fund's stock worth $135,000 after acquiring an additional 576 shares in the last quarter. Allworth Financial LP acquired a new position in Adams Diversified Equity Fund during the fourth quarter worth $202,000. Finally, Two Sigma Securities LLC purchased a new position in Adams Diversified Equity Fund during the fourth quarter valued at $210,000. 28.41% of the stock is owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Price Performance

Shares of ADX stock remained flat at $20.85 on Thursday. 215,771 shares of the stock were exchanged, compared to its average volume of 261,093. The firm has a 50-day moving average of $19.38 and a 200-day moving average of $19.90. Adams Diversified Equity Fund, Inc. has a twelve month low of $16.50 and a twelve month high of $22.63.

Adams Diversified Equity Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, May 30th. Shareholders of record on Tuesday, April 29th were paid a dividend of $0.46 per share. The ex-dividend date of this dividend was Monday, April 28th. This represents a 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.