Thrivent Financial for Lutherans Buys 2,051 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Thrivent Financial for Lutherans grew its stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 2.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 101,313 shares of the closed-end fund’s stock after purchasing an additional 2,051 shares during the period. Thrivent Financial for Lutherans owned about 0.08% of Adams Diversified Equity Fund worth $2,184,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bensler LLC grew its holdings in shares of Adams Diversified Equity Fund by 9.1% in the third quarter. Bensler LLC now owns 583,277 shares of the closed-end fund’s stock valued at $12,575,000 after acquiring an additional 48,581 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings 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 acquiring an additional 10,210 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Adams Diversified Equity Fund by 10.8% in the second quarter. Raymond James & Associates now owns 531,458 shares of the closed-end fund’s stock valued at $11,421,000 after acquiring an additional 51,599 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Adams Diversified Equity Fund by 1.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 412,311 shares of the closed-end fund’s stock valued at $8,861,000 after acquiring an additional 4,773 shares in the last quarter. Finally, Waterfront Wealth Inc. grew its holdings in Adams Diversified Equity Fund by 1.7% during the second quarter. Waterfront Wealth Inc. now owns 386,572 shares of the closed-end fund’s stock valued at $8,307,000 after purchasing an additional 6,422 shares during the period. 28.41% of the stock is owned by institutional investors.

Insider Buying and Selling at Adams Diversified Equity Fund

In other Adams Diversified Equity Fund news, Director Frederic A. Escherich sold 9,500 shares of the stock in a transaction on Monday, October 28th. The stock was 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 15.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jane Musser Nelson bought 1,155 shares of the company’s stock in a transaction on Thursday, October 31st. The shares were bought at an average price of $21.69 per share, for a total transaction of $25,051.95. Following the transaction, the director now owns 4,982 shares of the company’s stock, valued at approximately $108,059.58. This represents a 30.18 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.11% of the stock is owned by corporate insiders.

Adams Diversified Equity Fund Price Performance

Shares of NYSE ADX opened at $20.37 on Thursday. The stock has a fifty day simple moving average of $21.70 and a two-hundred day simple moving average of $21.29. Adams Diversified Equity Fund, Inc. has a 1-year low of $16.85 and a 1-year high of $22.63.

Adams Diversified Equity Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Friday, November 22nd will be issued a dividend of $1.96 per share. This represents a $7.84 annualized dividend and a yield of 38.49%. The ex-dividend date is Friday, November 22nd.

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.