HTLF Bank acquired a new position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 367,953 shares of the closed-end fund's stock, valued at approximately $6,516,000. HTLF Bank owned approximately 0.30% of Adams Diversified Equity Fund as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ADX. Saba Capital Management L.P. increased its holdings in Adams Diversified Equity Fund by 53.9% during the 3rd quarter. Saba Capital Management L.P. now owns 6,768,620 shares of the closed-end fund's stock worth $112,630,000 after purchasing an additional 2,371,715 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of Adams Diversified Equity Fund by 1,879.7% in the fourth quarter. International Assets Investment Management LLC now owns 779,738 shares of the closed-end fund's stock valued at $13,809,000 after acquiring an additional 740,352 shares in the last quarter. Lazard Asset Management LLC grew its holdings in shares of Adams Diversified Equity Fund by 11.9% in the third quarter. Lazard Asset Management LLC now owns 4,122,687 shares of the closed-end fund's stock valued at $68,601,000 after acquiring an additional 437,920 shares in the last quarter. Priebe Wealth Holdings LLC bought a new position in shares of Adams Diversified Equity Fund in the fourth quarter valued at approximately $6,323,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Adams Diversified Equity Fund by 22.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,700,212 shares of the closed-end fund's stock valued at $30,111,000 after acquiring an additional 307,756 shares in the last quarter. 28.41% of the stock is owned by institutional investors.
Adams Diversified Equity Fund Stock Performance
Shares of ADX stock traded down $0.20 during trading on Friday, hitting $18.40. The company's stock had a trading volume of 232,671 shares, compared to its average volume of 176,068. The business has a fifty day moving average of $19.09 and a 200-day moving average of $17.92. Adams Diversified Equity Fund, Inc. has a 52 week low of $15.30 and a 52 week high of $19.60.
Adams Diversified Equity Fund Dividend Announcement
The firm also recently announced 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 1.09%. The ex-dividend date is Thursday, May 16th.
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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