Adams Diversified Equity Fund, Inc. (NYSE:ADX - Get Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as $19.57 and last traded at $19.55, with a volume of 6555 shares trading hands. The stock had previously closed at $19.51.
Adams Diversified Equity Fund Stock Performance
The business has a 50 day moving average price of $18.82 and a 200 day moving average price of $17.67.
Adams Diversified Equity Fund Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 9th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, February 8th. This represents a $0.20 annualized dividend and a yield of 1.02%.
Institutional Trading of Adams Diversified Equity Fund
Hedge funds and other institutional investors have recently made changes to their positions in the business. Scarborough Advisors LLC purchased a new position in shares of Adams Diversified Equity Fund during the 4th quarter valued at about $50,000. Creative Financial Designs Inc. ADV grew its position in shares of Adams Diversified Equity Fund by 517.7% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,107 shares of the closed-end fund's stock valued at $55,000 after acquiring an additional 2,604 shares during the period. SkyView Investment Advisors LLC acquired a new stake in shares of Adams Diversified Equity Fund during the 2nd quarter valued at about $68,000. Comerica Bank acquired a new stake in shares of Adams Diversified Equity Fund during the 3rd quarter valued at about $77,000. Finally, McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Adams Diversified Equity Fund during the 4th quarter valued at about $84,000. Hedge funds and other institutional investors own 28.41% of the company's stock.
About Adams Diversified Equity Fund
(
Get 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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