11,482 Shares in Adams Diversified Equity Fund, Inc. (NYSE:ADX) Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC bought a new position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 11,482 shares of the closed-end fund’s stock, valued at approximately $248,000.

Several other hedge funds also recently bought and sold shares of ADX. Rothschild Investment LLC purchased a new stake in Adams Diversified Equity Fund in the 2nd quarter worth $45,000. Sunbelt Securities Inc. lifted its stake in Adams Diversified Equity Fund by 23,200.0% in the 2nd quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund’s stock worth $55,000 after purchasing an additional 2,552 shares in the last quarter. Great Valley Advisor Group Inc. purchased a new stake in Adams Diversified Equity Fund in the 2nd quarter worth $206,000. Covestor Ltd purchased a new stake in Adams Diversified Equity Fund in the 1st quarter worth $203,000. Finally, Founders Capital Management LLC purchased a new stake in Adams Diversified Equity Fund in the 2nd quarter worth $225,000. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Trading Up 0.4 %

Shares of ADX stock opened at $21.88 on Wednesday. Adams Diversified Equity Fund, Inc. has a 52 week low of $15.91 and a 52 week high of $22.49. The company’s fifty day simple moving average is $21.36 and its two-hundred day simple moving average is $20.88.

Insider Activity

In other news, Director Frederic A. Escherich sold 4,833 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $21.90, for a total transaction of $105,842.70. Following the sale, the director now directly owns 59,408 shares in the company, valued at approximately $1,301,035.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Frederic A. Escherich sold 4,833 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $21.90, for a total transaction of $105,842.70. Following the sale, the director now directly owns 59,408 shares in the company, valued at approximately $1,301,035.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frederic A. Escherich sold 9,500 shares of the company’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $21.93, for a total transaction of $208,335.00. Following the sale, the director now owns 49,908 shares in the company, valued at $1,094,482.44. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.11% of the company’s stock.

About Adams Diversified Equity Fund

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.