Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $19.63 and last traded at $19.62, with a volume of 66809 shares trading hands. The stock had previously closed at $19.55.
Adams Diversified Equity Fund Stock Up 0.7 %
The firm's fifty day moving average price is $19.17 and its 200 day moving average price is $18.15.
Adams Diversified Equity Fund Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Thursday, May 16th.
Institutional Trading of Adams Diversified Equity Fund
Large investors have recently made changes to their positions in the business. Saba Capital Management L.P. boosted its holdings in Adams Diversified Equity Fund by 53.9% during the third quarter. Saba Capital Management L.P. now owns 6,768,620 shares of the closed-end fund's stock worth $112,630,000 after buying an additional 2,371,715 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in Adams Diversified Equity Fund by 11.9% during the third quarter. Lazard Asset Management LLC now owns 4,122,687 shares of the closed-end fund's stock worth $68,601,000 after buying an additional 437,920 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Adams Diversified Equity Fund by 22.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,700,212 shares of the closed-end fund's stock worth $30,111,000 after buying an additional 307,756 shares in the last quarter. Atlas Wealth LLC boosted its holdings in Adams Diversified Equity Fund by 0.9% during the third quarter. Atlas Wealth LLC now owns 1,373,433 shares of the closed-end fund's stock worth $22,854,000 after buying an additional 12,312 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its holdings in Adams Diversified Equity Fund by 4.7% during the first quarter. Blue Bell Private Wealth Management LLC now owns 1,245,867 shares of the closed-end fund's stock worth $24,319,000 after buying an additional 55,615 shares in the last quarter. 28.41% of the stock is owned by hedge funds and other institutional investors.
About Adams Diversified Equity Fund
(
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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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