Allworth Financial LP Buys Shares of 9,519 Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Allworth Financial LP bought a new stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,519 shares of the closed-end fund’s stock, valued at approximately $202,000.

Several other large investors have also recently bought and sold shares of the company. Blue Trust Inc. increased its stake in Adams Diversified Equity Fund by 41.9% in the fourth quarter. Blue Trust Inc. now owns 31,950 shares of the closed-end fund’s stock valued at $645,000 after purchasing an additional 9,438 shares in the last quarter. HTLF Bank increased its position in shares of Adams Diversified Equity Fund by 6.4% during the fourth quarter. HTLF Bank now owns 246,496 shares of the closed-end fund’s stock worth $4,979,000 after acquiring an additional 14,775 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in shares of Adams Diversified Equity Fund by 9.1% during the fourth quarter. Kestra Private Wealth Services LLC now owns 40,625 shares of the closed-end fund’s stock worth $821,000 after acquiring an additional 3,381 shares in the last quarter. Kingsview Wealth Management LLC increased its position in shares of Adams Diversified Equity Fund by 6.5% during the fourth quarter. Kingsview Wealth Management LLC now owns 11,778 shares of the closed-end fund’s stock worth $238,000 after acquiring an additional 717 shares in the last quarter. Finally, Mezzasalma Advisors LLC bought a new stake in shares of Adams Diversified Equity Fund during the fourth quarter worth $419,000. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Price Performance

Shares of ADX stock opened at $20.45 on Friday. The firm has a fifty day moving average of $20.60 and a 200-day moving average of $21.05. Adams Diversified Equity Fund, Inc. has a 12-month low of $18.36 and a 12-month high of $22.63.

Adams Diversified Equity Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, January 27th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 9.19%. The ex-dividend date is Monday, January 27th.

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.