Capital Investment Advisors LLC Has $1.07 Million Holdings in Adams Diversified Equity Fund, Inc. $ADX

Capital Investment Advisors LLC lessened its holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 4.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 49,056 shares of the closed-end fund’s stock after selling 2,110 shares during the quarter. Capital Investment Advisors LLC’s holdings in Adams Diversified Equity Fund were worth $1,065,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Financial Inc. boosted its stake in Adams Diversified Equity Fund by 16.4% in the first quarter. Raymond James Financial Inc. now owns 1,201,070 shares of the closed-end fund’s stock valued at $22,808,000 after acquiring an additional 169,583 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Adams Diversified Equity Fund by 39.6% in the 1st quarter. Royal Bank of Canada now owns 1,054,872 shares of the closed-end fund’s stock valued at $20,032,000 after purchasing an additional 299,425 shares during the period. Bensler LLC boosted its position in shares of Adams Diversified Equity Fund by 13.0% in the 1st quarter. Bensler LLC now owns 787,512 shares of the closed-end fund’s stock worth $14,955,000 after purchasing an additional 90,295 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Adams Diversified Equity Fund by 3.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 428,357 shares of the closed-end fund’s stock worth $9,381,000 after purchasing an additional 14,834 shares during the period. Finally, Jones Road Capital Management L.P. increased its holdings in Adams Diversified Equity Fund by 13.2% in the first quarter. Jones Road Capital Management L.P. now owns 419,000 shares of the closed-end fund’s stock valued at $7,957,000 after purchasing an additional 48,880 shares during the last quarter. 28.41% of the stock is owned by institutional investors.

Adams Diversified Equity Fund Price Performance

NYSE:ADX opened at $22.44 on Thursday. Adams Diversified Equity Fund, Inc. has a 1-year low of $16.50 and a 1-year high of $22.63. The business’s 50-day moving average price is $21.87 and its two-hundred day moving average price is $20.63.

Adams Diversified Equity Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, July 28th were paid a dividend of $0.46 per share. The ex-dividend date of this dividend was Monday, July 28th. This represents a $1.84 annualized dividend and a yield of 8.2%.

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.