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:ADXFree Report) 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

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Adams Diversified Equity Fund (NYSE:ADX)

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