Wells Fargo & Company MN boosted its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) by 36.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 187,221 shares of the closed-end fund's stock after buying an additional 50,432 shares during the quarter. Wells Fargo & Company MN owned approximately 0.15% of Adams Diversified Equity Fund worth $3,782,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC lifted its stake in shares of Adams Diversified Equity Fund by 9.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,687 shares of the closed-end fund's stock valued at $135,000 after acquiring an additional 576 shares during the period. Atria Wealth Solutions Inc. lifted its position in Adams Diversified Equity Fund by 1.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 35,519 shares of the closed-end fund's stock valued at $717,000 after purchasing an additional 608 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Adams Diversified Equity Fund by 5.9% in the 4th quarter. JPMorgan Chase & Co. now owns 12,701 shares of the closed-end fund's stock valued at $257,000 after purchasing an additional 702 shares during the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of Adams Diversified Equity Fund by 6.5% in the 4th quarter. Kingsview Wealth Management LLC now owns 11,778 shares of the closed-end fund's stock valued at $238,000 after purchasing an additional 717 shares during the last quarter. Finally, TIAA Trust National Association grew its position in shares of Adams Diversified Equity Fund by 8.7% during the 4th quarter. TIAA Trust National Association now owns 10,567 shares of the closed-end fund's stock worth $213,000 after buying an additional 850 shares during the period. 28.41% of the stock is currently owned by institutional investors.
Adams Diversified Equity Fund Price Performance
ADX traded up $0.18 during trading on Friday, reaching $19.02. 306,458 shares of the company's stock were exchanged, compared to its average volume of 254,549. The company's fifty day moving average price is $18.97 and its 200-day moving average price is $20.34. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $16.50 and a fifty-two week high of $22.63.
Adams Diversified Equity Fund Announces Dividend
The company also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders of record on Tuesday, April 29th will be issued a $0.46 dividend. This represents a dividend yield of 10.16%. The ex-dividend date of this dividend is Monday, April 28th.
Adams Diversified Equity Fund Company Profile
(
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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