Css LLC Il Sells 39,333 Shares of Adams Natural Resources Fund, Inc. (NYSE:PEO)

Css LLC Il lessened its stake in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) by 20.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 155,687 shares of the financial services provider’s stock after selling 39,333 shares during the period. Css LLC Il owned 0.61% of Adams Natural Resources Fund worth $3,385,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its holdings in shares of Adams Natural Resources Fund by 31.9% during the 4th quarter. Jones Financial Companies Lllp now owns 4,547 shares of the financial services provider’s stock worth $99,000 after purchasing an additional 1,100 shares in the last quarter. NewEdge Advisors LLC grew its stake in Adams Natural Resources Fund by 13.6% during the fourth quarter. NewEdge Advisors LLC now owns 11,706 shares of the financial services provider’s stock worth $254,000 after buying an additional 1,405 shares in the last quarter. Level Four Advisory Services LLC bought a new position in Adams Natural Resources Fund in the 4th quarter valued at about $301,000. Priebe Wealth Holdings LLC acquired a new position in shares of Adams Natural Resources Fund in the 4th quarter valued at approximately $317,000. Finally, RFG Advisory LLC acquired a new position in shares of Adams Natural Resources Fund in the 4th quarter valued at approximately $326,000. 33.54% of the stock is owned by institutional investors and hedge funds.

Adams Natural Resources Fund Trading Down 0.6%

NYSE PEO opened at $20.32 on Wednesday. The firm’s 50 day simple moving average is $20.83 and its 200 day simple moving average is $22.02. Adams Natural Resources Fund, Inc. has a 1 year low of $18.35 and a 1 year high of $24.23.

Adams Natural Resources Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Monday, April 28th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 10.24%. The ex-dividend date is Monday, April 28th.

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.