Oppenheimer & Co. Inc. boosted its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 68.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,748 shares of the closed-end fund's stock after purchasing an additional 14,149 shares during the period. Oppenheimer & Co. Inc.'s holdings in Adams Diversified Equity Fund were worth $660,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Quad Cities Investment Group LLC grew its stake in Adams Diversified Equity Fund by 2.3% during the first quarter. Quad Cities Investment Group LLC now owns 25,940 shares of the closed-end fund's stock worth $493,000 after purchasing an additional 571 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in Adams Diversified Equity Fund by 9.4% in the fourth 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. JPMorgan Chase & Co. boosted its holdings in Adams Diversified Equity Fund by 5.9% in the fourth quarter. JPMorgan Chase & Co. now owns 12,701 shares of the closed-end fund's stock worth $257,000 after acquiring an additional 702 shares in the last quarter. TIAA Trust National Association boosted its holdings in Adams Diversified Equity Fund by 8.7% in the fourth quarter. TIAA Trust National Association now owns 10,567 shares of the closed-end fund's stock worth $213,000 after acquiring an additional 850 shares in the last quarter. Finally, Concorde Asset Management LLC boosted its holdings in Adams Diversified Equity Fund by 9.1% in the fourth quarter. Concorde Asset Management LLC now owns 14,499 shares of the closed-end fund's stock worth $293,000 after acquiring an additional 1,210 shares in the last quarter. Institutional investors and hedge funds own 28.41% of the company's stock.
Adams Diversified Equity Fund Stock Up 1.4%
NYSE:ADX traded up $0.30 on Friday, hitting $21.90. The stock had a trading volume of 207,061 shares, compared to its average volume of 273,298. The business's fifty day moving average is $20.35 and its 200 day moving average is $19.96. Adams Diversified Equity Fund, Inc. has a 52 week low of $16.50 and a 52 week high of $22.63.
Adams Diversified Equity Fund Announces Dividend
The business also recently announced a dividend, which was paid on Friday, May 30th. Stockholders of record on Tuesday, April 29th were issued a $0.46 dividend. The ex-dividend date of this dividend was Monday, April 28th. This represents a dividend yield of 10.16%.
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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