Adams Diversified Equity Fund, Inc. $ADX Shares Bought by Blue Trust Inc.

Blue Trust Inc. raised its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 2.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 26,296 shares of the closed-end fund’s stock after purchasing an additional 580 shares during the period. Blue Trust Inc.’s holdings in Adams Diversified Equity Fund were worth $571,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Quad Cities Investment Group LLC grew its holdings in Adams Diversified Equity Fund by 2.3% in the second quarter. Quad Cities Investment Group LLC now owns 26,525 shares of the closed-end fund’s stock valued at $576,000 after purchasing an additional 585 shares during the last quarter. FCA Corp TX lifted its position in shares of Adams Diversified Equity Fund by 0.4% in the first quarter. FCA Corp TX now owns 181,808 shares of the closed-end fund’s stock valued at $3,453,000 after acquiring an additional 650 shares in the last quarter. IFP Advisors Inc lifted its position in shares of Adams Diversified Equity Fund by 76.1% in the second quarter. IFP Advisors Inc now owns 1,620 shares of the closed-end fund’s stock valued at $35,000 after acquiring an additional 700 shares in the last quarter. CWM LLC lifted its position in shares of Adams Diversified Equity Fund by 52.5% in the first quarter. CWM LLC now owns 2,418 shares of the closed-end fund’s stock valued at $46,000 after acquiring an additional 832 shares in the last quarter. Finally, Choreo LLC lifted its position in shares of Adams Diversified Equity Fund by 2.0% in the first quarter. Choreo LLC now owns 45,711 shares of the closed-end fund’s stock valued at $868,000 after acquiring an additional 904 shares in the last quarter. Institutional investors and hedge funds own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

Shares of NYSE:ADX opened at $22.13 on Monday. Adams Diversified Equity Fund, Inc. has a 52-week low of $16.50 and a 52-week high of $22.80. The stock’s fifty day simple moving average is $21.97 and its 200-day simple moving average is $20.81.

Adams Diversified Equity Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, July 28th were given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 8.3%. The ex-dividend date was Monday, July 28th.

About Adams Diversified Equity Fund

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.