Capital Market Strategies LLC Sells 505 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Capital Market Strategies LLC decreased its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 2.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,743 shares of the closed-end fund’s stock after selling 505 shares during the quarter. Capital Market Strategies LLC’s holdings in Adams Diversified Equity Fund were worth $512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Rothschild Investment LLC bought a new stake in Adams Diversified Equity Fund in the 2nd quarter worth approximately $45,000. Sunbelt Securities Inc. increased its stake in Adams Diversified Equity Fund by 23,200.0% in the 2nd quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund’s stock worth $55,000 after acquiring an additional 2,552 shares during the last quarter. Scarborough Advisors LLC bought a new stake in Adams Diversified Equity Fund in the 4th quarter worth approximately $50,000. Tradewinds Capital Management LLC bought a new stake in Adams Diversified Equity Fund in the 1st quarter worth approximately $173,000. Finally, Great Valley Advisor Group Inc. bought a new stake in Adams Diversified Equity Fund in the 2nd quarter worth approximately $206,000. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Price Performance

NYSE ADX opened at $21.18 on Friday. The business’s 50 day moving average price is $21.04 and its 200-day moving average price is $20.56. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $15.81 and a fifty-two week high of $22.49.

Adams Diversified Equity Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Monday, August 5th were given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 8.31%. The ex-dividend date was Monday, August 5th.

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.