D.A. Davidson & CO. Has $2.79 Million Holdings in Adams Diversified Equity Fund, Inc. $ADX

D.A. Davidson & CO. lessened its stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 0.6% in the second quarter, Holdings Channel reports. The firm owned 128,425 shares of the closed-end fund’s stock after selling 840 shares during the quarter. D.A. Davidson & CO.’s holdings in Adams Diversified Equity Fund were worth $2,788,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Oppenheimer & Co. Inc. raised its stake in Adams Diversified Equity Fund by 68.7% in the first quarter. Oppenheimer & Co. Inc. now owns 34,748 shares of the closed-end fund’s stock valued at $660,000 after purchasing an additional 14,149 shares in the last quarter. Joel Isaacson & Co. LLC acquired a new position in Adams Diversified Equity Fund in the first quarter valued at about $504,000. Waterfront Wealth Inc. raised its stake in Adams Diversified Equity Fund by 4.9% in the first quarter. Waterfront Wealth Inc. now owns 413,998 shares of the closed-end fund’s stock valued at $7,862,000 after purchasing an additional 19,518 shares in the last quarter. Penserra Capital Management LLC acquired a new position in Adams Diversified Equity Fund in the first quarter valued at about $4,469,000. Finally, Walleye Capital LLC acquired a new position in Adams Diversified Equity Fund in the first quarter valued at about $278,000. Institutional investors and hedge funds own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Up 0.7%

ADX stock opened at $23.00 on Friday. The business has a 50-day simple moving average of $22.16 and a 200 day simple moving average of $21.10. Adams Diversified Equity Fund, Inc. has a 52 week low of $16.50 and a 52 week high of $23.04.

Adams Diversified Equity Fund Company 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.