Cetera Investment Advisers Increases Stock Holdings in Adams Natural Resources Fund, Inc. (NYSE:PEO)

Cetera Investment Advisers grew its position in Adams Natural Resources Fund, Inc. (NYSE:PEO) by 23.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 25,598 shares of the financial services provider’s stock after purchasing an additional 4,802 shares during the period. Cetera Investment Advisers’ holdings in Adams Natural Resources Fund were worth $584,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Kovack Advisors Inc. increased its position in shares of Adams Natural Resources Fund by 9.2% in the first quarter. Kovack Advisors Inc. now owns 24,842 shares of the financial services provider’s stock valued at $567,000 after buying an additional 2,102 shares in the last quarter. Burney Co. acquired a new stake in shares of Adams Natural Resources Fund during the first quarter valued at $632,000. Blue Bell Private Wealth Management LLC increased its position in Adams Natural Resources Fund by 9.4% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 112,985 shares of the financial services provider’s stock worth $2,577,000 after purchasing an additional 9,730 shares in the last quarter. Whitener Capital Management Inc. increased its position in Adams Natural Resources Fund by 5.3% during the 1st quarter. Whitener Capital Management Inc. now owns 76,715 shares of the financial services provider’s stock worth $1,750,000 after purchasing an additional 3,848 shares in the last quarter. Finally, Penserra Capital Management LLC purchased a new stake in Adams Natural Resources Fund during the 1st quarter worth about $4,695,000. Hedge funds and other institutional investors own 33.54% of the company’s stock.

Adams Natural Resources Fund Trading Down 0.0%

Adams Natural Resources Fund stock opened at $20.92 on Friday. The stock has a 50-day moving average price of $21.54 and a 200 day moving average price of $21.31. Adams Natural Resources Fund, Inc. has a 52 week low of $18.34 and a 52 week high of $24.79.

Adams Natural Resources Fund Increases Dividend

The company also recently disclosed a — dividend, which will be paid on Tuesday, August 26th. Stockholders of record on Monday, July 28th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Monday, July 28th. This represents a dividend yield of 931.0%. This is an increase from Adams Natural Resources Fund’s previous — dividend of $0.16.

About Adams Natural Resources Fund

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.