Adams Diversified Equity Fund, Inc. (NYSE:ADX - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $19.97 and last traded at $19.94, with a volume of 4972 shares. The stock had previously closed at $19.80.
Adams Diversified Equity Fund Price Performance
The company has a 50-day moving average of $19.21 and a 200-day moving average of $18.26.
Adams Diversified Equity Fund Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, May 16th. This represents a $0.20 annualized dividend and a dividend yield of 1.00%.
Institutional Investors Weigh In On Adams Diversified Equity Fund
A number of institutional investors and hedge funds have recently made changes to their positions in ADX. Scarborough Advisors LLC acquired a new position in Adams Diversified Equity Fund during the fourth quarter worth approximately $50,000. Creative Financial Designs Inc. ADV boosted its position in Adams Diversified Equity Fund by 517.7% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,107 shares of the closed-end fund's stock worth $55,000 after purchasing an additional 2,604 shares during the period. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Adams Diversified Equity Fund in the fourth quarter valued at $84,000. Turtle Creek Wealth Advisors LLC bought a new position in shares of Adams Diversified Equity Fund in the fourth quarter valued at about $112,000. Finally, Tradewinds Capital Management LLC acquired a new stake in Adams Diversified Equity Fund during the first quarter worth approximately $173,000. Institutional investors own 28.41% of the company's stock.
Adams Diversified Equity Fund Company Profile
(
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.
Further Reading
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