Sage Capital Advisors llc Sells 2,700 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Sage Capital Advisors llc trimmed its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 10.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,702 shares of the closed-end fund’s stock after selling 2,700 shares during the period. Sage Capital Advisors llc’s holdings in Adams Diversified Equity Fund were worth $459,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. World Investment Advisors LLC bought a new stake in Adams Diversified Equity Fund during the third quarter valued at approximately $34,599,000. Bensler LLC increased its stake in shares of Adams Diversified Equity Fund by 9.1% in the 3rd quarter. Bensler LLC now owns 583,277 shares of the closed-end fund’s stock worth $12,575,000 after purchasing an additional 48,581 shares in the last quarter. Landscape Capital Management L.L.C. raised its holdings in Adams Diversified Equity Fund by 2,789.5% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 413,023 shares of the closed-end fund’s stock worth $8,905,000 after purchasing an additional 398,729 shares during the period. Prevail Innovative Wealth Advisors LLC lifted its position in Adams Diversified Equity Fund by 12.2% during the second quarter. Prevail Innovative Wealth Advisors LLC now owns 219,849 shares of the closed-end fund’s stock valued at $4,725,000 after purchasing an additional 23,971 shares in the last quarter. Finally, Shaker Financial Services LLC bought a new stake in Adams Diversified Equity Fund during the third quarter valued at about $4,446,000. 28.41% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Frederic A. Escherich sold 9,500 shares of the business’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $21.93, for a total value of $208,335.00. Following the sale, the director now directly owns 49,908 shares in the company, valued at approximately $1,094,482.44. The trade was a 15.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jane Musser Nelson purchased 1,155 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were purchased at an average cost of $21.69 per share, with a total value of $25,051.95. Following the completion of the purchase, the director now owns 4,982 shares of the company’s stock, valued at $108,059.58. The trade was a 30.18 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.11% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

ADX traded down $0.20 during midday trading on Friday, reaching $20.26. The company had a trading volume of 320,738 shares, compared to its average volume of 325,625. Adams Diversified Equity Fund, Inc. has a 1 year low of $17.40 and a 1 year high of $22.63. The business has a 50-day moving average of $21.02 and a two-hundred day moving average of $21.26.

Adams Diversified Equity Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Friday, November 22nd were given a dividend of $1.96 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $7.84 annualized dividend and a dividend yield of 38.70%.

Adams Diversified Equity Fund Company Profile

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.