Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Purchased by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC grew its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 9.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,687 shares of the closed-end fund’s stock after acquiring an additional 576 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Adams Diversified Equity Fund were worth $135,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of ADX. Thrivent Financial for Lutherans raised its position in shares of Adams Diversified Equity Fund by 2.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 101,313 shares of the closed-end fund’s stock worth $2,184,000 after acquiring an additional 2,051 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Adams Diversified Equity Fund by 16.5% in the third quarter. Advisors Asset Management Inc. now owns 190,537 shares of the closed-end fund’s stock valued at $4,108,000 after purchasing an additional 26,936 shares during the last quarter. Landscape Capital Management L.L.C. raised its stake in Adams Diversified Equity Fund by 2,789.5% during 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 acquiring an additional 398,729 shares in the last quarter. Concorde Asset Management LLC increased its position in shares of Adams Diversified Equity Fund by 9.4% during the third quarter. Concorde Asset Management LLC now owns 13,289 shares of the closed-end fund’s stock worth $287,000 after purchasing an additional 1,139 shares in the last quarter. Finally, Great Valley Advisor Group Inc. increased its position in Adams Diversified Equity Fund by 23.0% during the third quarter. Great Valley Advisor Group Inc. now owns 11,755 shares of the closed-end fund’s stock worth $254,000 after buying an additional 2,196 shares during the period. 28.41% of the stock is currently owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Performance

NYSE ADX opened at $19.02 on Monday. Adams Diversified Equity Fund, Inc. has a one year low of $18.36 and a one year high of $22.63. The firm’s fifty day moving average is $20.32 and its two-hundred day moving average is $20.92.

Adams Diversified Equity Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, January 27th were issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 9.89%. The ex-dividend date of this dividend was Monday, January 27th.

Adams Diversified Equity Fund 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.