Farther Finance Advisors LLC Makes New $30,000 Investment in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Farther Finance Advisors LLC purchased a new stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,400 shares of the closed-end fund’s stock, valued at approximately $30,000.

A number of other institutional investors also recently modified their holdings of the business. Creative Planning increased its holdings in shares of Adams Diversified Equity Fund by 5.0% during the second quarter. Creative Planning now owns 13,307 shares of the closed-end fund’s stock worth $286,000 after buying an additional 633 shares in the last quarter. Capital Market Strategies LLC raised its position in Adams Diversified Equity Fund by 3.3% in the second quarter. Capital Market Strategies LLC now owns 24,248 shares of the closed-end fund’s stock valued at $521,000 after purchasing an additional 767 shares during the last quarter. Sage Capital Advisors llc boosted its stake in shares of Adams Diversified Equity Fund by 3.6% during the third quarter. Sage Capital Advisors llc now owns 25,402 shares of the closed-end fund’s stock valued at $548,000 after purchasing an additional 885 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its position in Adams Diversified Equity Fund by 2.1% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 46,965 shares of the closed-end fund’s stock valued at $1,013,000 after acquiring an additional 950 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of Adams Diversified Equity Fund by 1.4% during the second quarter. Commonwealth Equity Services LLC now owns 77,240 shares of the closed-end fund’s stock valued at $1,660,000 after acquiring an additional 1,045 shares during the last quarter. Institutional investors and hedge funds own 28.41% of the company’s stock.

Adams Diversified Equity Fund Price Performance

Shares of Adams Diversified Equity Fund stock opened at $22.27 on Friday. Adams Diversified Equity Fund, Inc. has a twelve month low of $16.47 and a twelve month high of $22.58. The company’s fifty day moving average is $21.58 and its 200 day moving average is $21.13.

Insider Buying and Selling at Adams Diversified Equity Fund

In other Adams Diversified Equity Fund news, Director Jane Musser Nelson bought 1,155 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The stock was acquired at an average price of $21.69 per share, with a total value of $25,051.95. Following the completion of the purchase, the director now directly owns 4,982 shares of the company’s stock, valued at approximately $108,059.58. This trade represents a 30.18 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Frederic A. Escherich sold 9,500 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $21.93, for a total value of $208,335.00. Following the transaction, the director now directly owns 49,908 shares in the company, valued at approximately $1,094,482.44. This trade represents a 15.99 % 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.

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.