Priebe Wealth Holdings LLC lessened its stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 17.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 181,270 shares of the closed-end fund's stock after selling 37,981 shares during the quarter. Adams Diversified Equity Fund comprises about 2.1% of Priebe Wealth Holdings LLC's investment portfolio, making the stock its 10th largest holding. 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 and Exchange Commission.
Several other hedge funds have also recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC acquired a new position in shares of Adams Diversified Equity Fund during the 4th quarter worth about $31,000. UMB Bank n.a. acquired a new position in Adams Diversified Equity Fund during the first quarter valued at approximately $46,000. Elequin Capital LP acquired a new position in Adams Diversified Equity Fund during the fourth quarter valued at approximately $53,000. First Command Advisory Services Inc. bought a new stake in Adams Diversified Equity Fund in the fourth quarter valued at approximately $89,000. Finally, Steward Partners Investment Advisory LLC raised 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 purchasing an additional 576 shares during the period. Institutional investors and hedge funds own 28.41% of the company's stock.
Adams Diversified Equity Fund Trading Up 0.1%
Shares of NYSE ADX traded up $0.03 during midday trading on Thursday, reaching $20.88. 430,149 shares of the stock were exchanged, compared to its average volume of 261,903. Adams Diversified Equity Fund, Inc. has a 12 month low of $16.50 and a 12 month high of $22.63. The business has a 50-day simple moving average of $19.38 and a two-hundred day simple moving average of $19.90.
Adams Diversified Equity Fund Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Friday, May 30th. Investors of record on Tuesday, April 29th were paid a dividend of $0.46 per share. This represents a yield of 10.16%. The ex-dividend date 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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