World Investment Advisors LLC Makes New Investment in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

World Investment Advisors LLC bought a new stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 76,141 shares of the closed-end fund’s stock, valued at approximately $1,642,000. World Investment Advisors LLC owned about 0.06% of Adams Diversified Equity Fund at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Raymond James & Associates boosted its stake in Adams Diversified Equity Fund by 10.8% in the 2nd quarter. Raymond James & Associates now owns 531,458 shares of the closed-end fund’s stock valued at $11,421,000 after purchasing an additional 51,599 shares during the period. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Adams Diversified Equity Fund by 38.8% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 142,694 shares of the closed-end fund’s stock worth $3,066,000 after purchasing an additional 39,861 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Adams Diversified Equity Fund by 1.8% in the second 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 purchasing an additional 10,210 shares in the last quarter. Bensler LLC lifted its position in Adams Diversified Equity Fund by 4.1% during the second quarter. Bensler LLC now owns 534,696 shares of the closed-end fund’s stock worth $11,491,000 after purchasing an additional 20,929 shares during the period. Finally, Harbour Investments Inc. increased its holdings in Adams Diversified Equity Fund by 7.1% in the 2nd quarter. Harbour Investments Inc. now owns 19,529 shares of the closed-end fund’s stock valued at $420,000 after buying an additional 1,295 shares during the period. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Down 0.3 %

Shares of Adams Diversified Equity Fund stock opened at $20.49 on Friday. The company has a 50 day moving average of $21.52 and a 200-day moving average of $21.32. Adams Diversified Equity Fund, Inc. has a 1-year low of $17.18 and a 1-year high of $22.63.

Adams Diversified Equity Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Friday, November 22nd will be paid 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 38.26%.

Insider Transactions at Adams Diversified Equity Fund

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

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.