Sanctuary Advisors LLC Has $585,000 Stock Position in Adams Natural Resources Fund, Inc. (NYSE:PEO)

Sanctuary Advisors LLC raised its position in Adams Natural Resources Fund, Inc. (NYSE:PEO) by 6.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,266 shares of the financial services provider’s stock after purchasing an additional 1,569 shares during the quarter. Sanctuary Advisors LLC owned approximately 0.10% of Adams Natural Resources Fund worth $585,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of PEO. Whitener Capital Management Inc. grew its stake in shares of Adams Natural Resources Fund by 0.7% in the 3rd quarter. Whitener Capital Management Inc. now owns 74,478 shares of the financial services provider’s stock valued at $1,729,000 after buying an additional 531 shares in the last quarter. Cullen Investment Group LTD. grew its position in Adams Natural Resources Fund by 1.9% in the fourth quarter. Cullen Investment Group LTD. now owns 28,786 shares of the financial services provider’s stock worth $626,000 after acquiring an additional 546 shares in the last quarter. D.A. Davidson & CO. grew its position in Adams Natural Resources Fund by 1.1% in the third quarter. D.A. Davidson & CO. now owns 64,107 shares of the financial services provider’s stock worth $1,489,000 after acquiring an additional 715 shares in the last quarter. City State Bank acquired a new position in shares of Adams Natural Resources Fund during the 4th quarter worth $25,000. Finally, Stifel Financial Corp raised its holdings in shares of Adams Natural Resources Fund by 2.2% during the 3rd quarter. Stifel Financial Corp now owns 74,260 shares of the financial services provider’s stock valued at $1,724,000 after purchasing an additional 1,582 shares in the last quarter. 33.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Adams Natural Resources Fund

In related news, VP Gregory W. Buckley purchased 1,450 shares of the stock in a transaction on Wednesday, January 22nd. The shares were 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 in the company, valued at approximately $410,173.20. This trade represents a 8.98 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is owned by company insiders.

Adams Natural Resources Fund Trading Up 0.6 %

Shares of NYSE:PEO opened at $22.32 on Friday. Adams Natural Resources Fund, Inc. has a 1 year low of $20.90 and a 1 year high of $24.79. The firm has a fifty day moving average price of $22.38 and a 200 day moving average price of $22.98.

Adams Natural Resources Fund Increases Dividend

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

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.