Commonwealth Equity Services LLC boosted its stake in Adams Natural Resources Fund, Inc. (NYSE:PEO – Free Report) by 5.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,179 shares of the financial services provider’s stock after purchasing an additional 1,874 shares during the quarter. Commonwealth Equity Services LLC owned about 0.14% of Adams Natural Resources Fund worth $787,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. City State Bank bought a new stake in shares of Adams Natural Resources Fund in the 4th quarter valued at about $25,000. Jones Financial Companies Lllp increased its stake in Adams Natural Resources Fund by 31.9% in the fourth quarter. Jones Financial Companies Lllp now owns 4,547 shares of the financial services provider’s stock valued at $99,000 after purchasing an additional 1,100 shares in the last quarter. Priebe Wealth Holdings LLC acquired a new stake in Adams Natural Resources Fund in the fourth quarter worth $317,000. RFG Advisory LLC acquired a new stake in Adams Natural Resources Fund in the fourth quarter worth $326,000. Finally, Moors & Cabot Inc. boosted its position in shares of Adams Natural Resources Fund by 4.6% during the fourth quarter. Moors & Cabot Inc. now owns 15,298 shares of the financial services provider’s stock worth $333,000 after purchasing an additional 669 shares in the last quarter. Institutional investors and hedge funds own 33.54% of the company’s stock.
Insider Transactions at Adams Natural Resources Fund
In related news, VP Gregory W. Buckley purchased 1,450 shares of Adams Natural Resources Fund stock in a transaction dated Wednesday, January 22nd. The stock was bought at an average price of $23.30 per share, for a total transaction of $33,785.00. Following the completion of the acquisition, the vice president now directly owns 17,604 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through the SEC website. 0.13% of the stock is currently owned by insiders.
Adams Natural Resources Fund Stock Performance
Adams Natural Resources Fund Increases Dividend
The firm also recently declared a — dividend, which was paid on Wednesday, February 26th. Stockholders of record on Monday, January 27th were given a dividend of $0.53 per share. The ex-dividend date was Monday, January 27th. This represents a dividend yield of 5.3%. This is a positive change from Adams Natural Resources Fund’s previous — dividend of $0.16.
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.
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