Adams Diversified Equity Fund (NYSE:ADX) Shares Down 0.1% – Here’s What Happened

Adams Diversified Equity Fund, Inc. (NYSE:ADX)’s stock price traded down 0.1% on Tuesday . The company traded as low as $20.57 and last traded at $20.66. 72,542 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 206,139 shares. The stock had previously closed at $20.68.

Adams Diversified Equity Fund Stock Down 0.0 %

The company has a fifty day moving average price of $21.65 and a two-hundred day moving average price of $21.31.

Adams Diversified Equity Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Friday, November 22nd will be given a $1.96 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $7.84 annualized dividend and a dividend yield of 37.93%.

Insider Buying and Selling at Adams Diversified Equity Fund

In other Adams Diversified Equity Fund news, Director Jane Musser Nelson purchased 1,155 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The stock was purchased at an average cost of $21.69 per share, with a total value of $25,051.95. Following the acquisition, the director now directly owns 4,982 shares of the company’s stock, valued at approximately $108,059.58. This trade represents a 30.18 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Frederic A. Escherich sold 9,500 shares of the firm’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $21.93, for a total value of $208,335.00. Following the completion of the transaction, the director now owns 49,908 shares in the company, valued at approximately $1,094,482.44. This represents a 15.99 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.11% of the company’s stock.

Institutional Trading of Adams Diversified Equity Fund

Large investors have recently bought and sold shares of the business. World Investment Advisors LLC acquired a new position in Adams Diversified Equity Fund during the 3rd quarter worth approximately $34,599,000. Bensler LLC grew its holdings in Adams Diversified Equity Fund by 9.1% during the third quarter. Bensler LLC now owns 583,277 shares of the closed-end fund’s stock worth $12,575,000 after purchasing an additional 48,581 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in Adams Diversified Equity Fund by 1.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 562,135 shares of the closed-end fund’s stock valued at $12,080,000 after acquiring an additional 10,210 shares during the period. Raymond James & Associates boosted its holdings in shares of Adams Diversified Equity Fund by 10.8% during the 2nd quarter. Raymond James & Associates now owns 531,458 shares of the closed-end fund’s stock worth $11,421,000 after buying an additional 51,599 shares during the period. Finally, 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 purchasing an additional 398,729 shares during the last quarter. 28.41% of the stock is owned by institutional investors.

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.