Janney Montgomery Scott LLC Has $1.01 Million Stock Holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Janney Montgomery Scott LLC grew its stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 15.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,644 shares of the closed-end fund’s stock after purchasing an additional 6,277 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Adams Diversified Equity Fund were worth $1,006,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Lazard Asset Management LLC boosted its stake in Adams Diversified Equity Fund by 6.8% in the 1st quarter. Lazard Asset Management LLC now owns 4,401,972 shares of the closed-end fund’s stock valued at $85,926,000 after purchasing an additional 279,285 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of Adams Diversified Equity Fund by 1.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 562,135 shares of the closed-end fund’s stock valued at $12,080,000 after buying an additional 10,210 shares during the period. Bensler LLC increased its stake in shares of Adams Diversified Equity Fund by 4.1% in the second quarter. Bensler LLC now owns 534,696 shares of the closed-end fund’s stock valued at $11,491,000 after buying an additional 20,929 shares during the period. Raymond James & Associates boosted its position in shares of Adams Diversified Equity Fund by 10.8% during the 2nd quarter. Raymond James & Associates now owns 531,458 shares of the closed-end fund’s stock valued at $11,421,000 after purchasing an additional 51,599 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Adams Diversified Equity Fund by 1.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 412,311 shares of the closed-end fund’s stock valued at $8,861,000 after purchasing an additional 4,773 shares in the last quarter. 28.41% of the stock is owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Down 1.2 %

Shares of NYSE:ADX opened at $22.01 on Friday. The business’s 50 day moving average is $21.61 and its 200 day moving average is $21.14. Adams Diversified Equity Fund, Inc. has a 12-month low of $16.47 and a 12-month high of $22.58.

Adams Diversified Equity Fund Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, December 23rd. Investors of record on Friday, November 22nd will be issued a dividend of $1.96 per share. The ex-dividend date of this dividend is Friday, November 22nd.

Insider Activity at Adams Diversified Equity Fund

In other news, Director Jane Musser Nelson bought 1,155 shares of Adams Diversified Equity Fund stock in a transaction dated Thursday, October 31st. The shares were purchased at an average cost of $21.69 per share, with a total value of $25,051.95. Following the completion of the acquisition, the director now owns 4,982 shares of the company’s stock, valued at $108,059.58. This trade represents a 30.18 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frederic A. Escherich sold 4,833 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $21.90, for a total value of $105,842.70. Following the transaction, the director now owns 59,408 shares of the company’s stock, valued at $1,301,035.20. This trade represents a 7.52 % decrease in their position. The disclosure for this sale can be found here. 0.11% of the stock is currently owned by company insiders.

Adams Diversified Equity Fund 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.