Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Acquired by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC grew its holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 9.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,687 shares of the closed-end fund’s stock after purchasing an additional 576 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Adams Diversified Equity Fund were worth $135,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. LRI Investments LLC acquired a new position in Adams Diversified Equity Fund during the third quarter worth $62,000. Geneos Wealth Management Inc. lifted its stake in Adams Diversified Equity Fund by 45.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 3,298 shares of the closed-end fund’s stock worth $67,000 after acquiring an additional 1,029 shares in the last quarter. First Command Advisory Services Inc. acquired a new position in Adams Diversified Equity Fund during the 4th quarter worth about $89,000. Allworth Financial LP acquired a new position in Adams Diversified Equity Fund during the 4th quarter worth about $202,000. Finally, Founders Capital Management LLC lifted its position in shares of Adams Diversified Equity Fund by 8.8% during the fourth quarter. Founders Capital Management LLC now owns 11,116 shares of the closed-end fund’s stock worth $225,000 after purchasing an additional 903 shares in the last quarter. Institutional investors and hedge funds own 28.41% of the company’s stock.

Adams Diversified Equity Fund Price Performance

Shares of ADX opened at $19.02 on Monday. Adams Diversified Equity Fund, Inc. has a 1 year low of $18.36 and a 1 year high of $22.63. The company’s 50-day simple moving average is $20.32 and its 200-day simple moving average is $20.92.

Adams Diversified Equity Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, January 27th were issued a dividend of $0.47 per share. The ex-dividend date was Monday, January 27th. This represents a $1.88 dividend on an annualized basis and a yield of 9.89%.

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.