Priebe Wealth Holdings LLC cut its stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 17.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 181,270 shares of the closed-end fund's stock after selling 37,981 shares during the period. Adams Diversified Equity Fund accounts for 2.1% of Priebe Wealth Holdings LLC's holdings, making the stock its 10th largest position. Priebe Wealth Holdings LLC owned about 0.15% of Adams Diversified Equity Fund worth $3,442,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently made changes to their positions in the company. CIBC Private Wealth Group LLC bought a new position in shares of Adams Diversified Equity Fund during the fourth quarter worth approximately $31,000. UMB Bank n.a. acquired a new position in Adams Diversified Equity Fund in the 1st quarter valued at $46,000. Elequin Capital LP bought a new position in Adams Diversified Equity Fund during the 4th quarter worth $53,000. First Command Advisory Services Inc. bought a new position in Adams Diversified Equity Fund during the 4th quarter worth $89,000. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of Adams Diversified Equity Fund by 9.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,687 shares of the closed-end fund's stock worth $135,000 after buying an additional 576 shares in the last quarter. Institutional investors own 28.41% of the company's stock.
Adams Diversified Equity Fund Stock Performance
ADX stock opened at $20.77 on Monday. The company's 50-day simple moving average is $19.22 and its 200 day simple moving average is $19.88. 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 firm also recently disclosed a dividend, which was paid on Friday, May 30th. Shareholders 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.
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.
Featured Stories
Want to see what other hedge funds are holding ADX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Adams Diversified Equity Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Adams Diversified Equity Fund wasn't on the list.
While Adams Diversified Equity Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
