Jones Financial Companies Lllp Has $99,000 Position in Adams Natural Resources Fund, Inc. (NYSE:PEO)

Jones Financial Companies Lllp boosted its stake in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) by 31.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,547 shares of the financial services provider’s stock after buying an additional 1,100 shares during the quarter. Jones Financial Companies Lllp’s holdings in Adams Natural Resources Fund were worth $99,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cullen Investment Group LTD. lifted its holdings in Adams Natural Resources Fund by 1.9% during the 4th quarter. Cullen Investment Group LTD. now owns 28,786 shares of the financial services provider’s stock worth $626,000 after buying an additional 546 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Adams Natural Resources Fund by 1.1% in the 3rd quarter. D.A. Davidson & CO. now owns 64,107 shares of the financial services provider’s stock valued at $1,489,000 after purchasing an additional 715 shares during the period. Kovack Advisors Inc. lifted its stake in shares of Adams Natural Resources Fund by 4.6% in the 4th quarter. Kovack Advisors Inc. now owns 22,740 shares of the financial services provider’s stock valued at $494,000 after purchasing an additional 991 shares during the period. City State Bank acquired a new position in shares of Adams Natural Resources Fund in the 4th quarter valued at about $25,000. Finally, Sanctuary Advisors LLC lifted its stake in shares of Adams Natural Resources Fund by 6.4% in the 4th quarter. Sanctuary Advisors LLC now owns 26,266 shares of the financial services provider’s stock valued at $585,000 after purchasing an additional 1,569 shares during the period. 33.54% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Gregory W. Buckley purchased 1,450 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were acquired at an average cost of $23.30 per share, with a total value of $33,785.00. Following the purchase, the vice president now owns 17,604 shares in the company, valued at $410,173.20. This represents a 8.98 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.13% of the stock is owned by company insiders.

Adams Natural Resources Fund Price Performance

Shares of NYSE:PEO opened at $21.92 on Monday. The business’s 50-day moving average is $22.38 and its 200-day moving average is $22.88. Adams Natural Resources Fund, Inc. has a 1 year low of $20.78 and a 1 year high of $24.23.

Adams Natural Resources Fund Increases Dividend

The company also recently declared a — dividend, which was paid on Wednesday, February 26th. Investors of record on Monday, January 27th were paid a dividend of $0.53 per share. This is an increase from Adams Natural Resources Fund’s previous — dividend of $0.16. This represents a yield of 5.3%. The ex-dividend date was Monday, January 27th.

Adams Natural Resources Fund Profile

Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.