D.A. Davidson & CO. Increases Holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

D.A. Davidson & CO. grew its holdings in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 2.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 129,903 shares of the closed-end fund’s stock after buying an additional 2,522 shares during the period. D.A. Davidson & CO. owned 0.10% of Adams Diversified Equity Fund worth $2,624,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. World Investment Advisors LLC purchased a new stake in Adams Diversified Equity Fund during the 3rd quarter worth about $34,599,000. Bensler LLC lifted its holdings in Adams Diversified Equity Fund by 19.5% during the 4th quarter. Bensler LLC now owns 697,217 shares of the closed-end fund’s stock worth $14,084,000 after buying an additional 113,940 shares during the last quarter. Landscape Capital Management L.L.C. lifted its holdings 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 buying an additional 398,729 shares during the last quarter. HTLF Bank lifted its holdings in Adams Diversified Equity Fund by 6.4% during the 4th quarter. HTLF Bank now owns 246,496 shares of the closed-end fund’s stock worth $4,979,000 after buying an additional 14,775 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Adams Diversified Equity Fund by 18.9% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 217,882 shares of the closed-end fund’s stock valued at $4,401,000 after purchasing an additional 34,691 shares during the last quarter. 28.41% of the stock is owned by hedge funds and other institutional investors.

Adams Diversified Equity Fund Price Performance

Adams Diversified Equity Fund stock opened at $20.45 on Friday. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $18.36 and a fifty-two week high of $22.63. The stock has a 50-day simple moving average of $20.60 and a 200-day simple moving average of $21.05.

Adams Diversified Equity Fund Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, January 27th will be issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 9.19%. The ex-dividend date is Monday, January 27th.

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.