Adams Diversified Equity Fund (NYSE:ADX) Sets New 52-Week High at $21.58

Adams Diversified Equity Fund, Inc. (NYSE:ADX)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $21.58 and last traded at $21.54, with a volume of 12044 shares traded. The stock had previously closed at $21.48.

Adams Diversified Equity Fund Trading Up 0.1 %

The company’s fifty day moving average price is $19.97 and its 200 day moving average price is $18.98.

Adams Diversified Equity Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 17th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.20 dividend on an annualized basis and a yield of 0.93%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ADX. Scarborough Advisors LLC bought a new stake in Adams Diversified Equity Fund during the fourth quarter worth $50,000. Creative Financial Designs Inc. ADV boosted its stake in Adams Diversified Equity Fund by 517.7% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,107 shares of the closed-end fund’s stock valued at $55,000 after buying an additional 2,604 shares in the last quarter. McGlone Suttner Wealth Management Inc. bought a new position in Adams Diversified Equity Fund in the fourth quarter valued at about $84,000. Turtle Creek Wealth Advisors LLC acquired a new position in Adams Diversified Equity Fund during the fourth quarter worth about $112,000. Finally, Tradewinds Capital Management LLC acquired a new position in Adams Diversified Equity Fund during the first quarter worth about $173,000. Institutional investors and hedge funds own 28.41% of the company’s stock.

Adams Diversified Equity Fund Company Profile

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.