Principal Securities Inc. Buys 8,724 Shares of Adams Natural Resources Fund, Inc. (NYSE:PEO)

Principal Securities Inc. lifted its stake in Adams Natural Resources Fund, Inc. (NYSE:PEO) by 50.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,133 shares of the financial services provider’s stock after acquiring an additional 8,724 shares during the period. Principal Securities Inc. owned 0.10% of Adams Natural Resources Fund worth $568,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in PEO. City State Bank acquired a new stake in Adams Natural Resources Fund in the 4th quarter valued at approximately $25,000. Priebe Wealth Holdings LLC bought a new position in shares of Adams Natural Resources Fund during the 4th quarter worth approximately $317,000. RFG Advisory LLC bought a new position in shares of Adams Natural Resources Fund during the 4th quarter worth approximately $326,000. Advisors Asset Management Inc. bought a new position in Adams Natural Resources Fund in the 3rd quarter valued at $360,000. Finally, Wolverine Asset Management LLC raised its position in Adams Natural Resources Fund by 1,206.2% in the 3rd quarter. Wolverine Asset Management LLC now owns 24,086 shares of the financial services provider’s stock valued at $559,000 after purchasing an additional 22,242 shares during the last quarter. 33.54% of the stock is owned by institutional investors.

Insider Buying and Selling at Adams Natural Resources Fund

In other news, VP Gregory W. Buckley bought 1,450 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The stock was bought at an average price of $23.30 per share, for a total transaction of $33,785.00. Following the completion of the transaction, the vice president now directly owns 17,604 shares in the company, valued at $410,173.20. The trade was a 8.98 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.06% of the company’s stock.

Adams Natural Resources Fund Trading Down 1.0 %

Shares of PEO opened at $22.60 on Friday. The stock has a fifty day moving average price of $22.28 and a two-hundred day moving average price of $22.99. Adams Natural Resources Fund, Inc. has a 52-week low of $20.90 and a 52-week high of $24.79.

Adams Natural Resources Fund Increases Dividend

The firm also recently disclosed a — dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Monday, January 27th will be given a $0.53 dividend. This is an increase from Adams Natural Resources Fund’s previous — dividend of $0.16. The ex-dividend date of this dividend is Monday, January 27th. This represents a 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.