Adams Diversified Equity Fund, Inc. (NYSE:ADX – Get Free Report)’s share price traded up 0.5% during mid-day trading on Monday . The stock traded as high as $20.69 and last traded at $20.59. 62,422 shares were traded during mid-day trading, a decline of 70% from the average session volume of 207,321 shares. The stock had previously closed at $20.49.
Adams Diversified Equity Fund Stock Performance
The stock has a 50-day simple moving average of $21.52 and a 200 day simple moving average of $21.33.
Adams Diversified Equity Fund Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Friday, November 22nd will be given a dividend of $1.96 per share. This represents a $7.84 dividend on an annualized basis and a yield of 37.95%. The ex-dividend date is Friday, November 22nd.
Insiders Place Their Bets
Institutional Investors Weigh In On Adams Diversified Equity Fund
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Creative Planning raised its position in shares of Adams Diversified Equity Fund by 5.0% in the second quarter. Creative Planning now owns 13,307 shares of the closed-end fund’s stock valued at $286,000 after purchasing an additional 633 shares during the period. Sage Capital Advisors llc grew its holdings in Adams Diversified Equity Fund by 3.6% in the 3rd quarter. Sage Capital Advisors llc now owns 25,402 shares of the closed-end fund’s stock valued at $548,000 after buying an additional 885 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its stake in shares of Adams Diversified Equity Fund by 2.1% in the third quarter. Massmutual Trust Co. FSB ADV now owns 46,965 shares of the closed-end fund’s stock worth $1,013,000 after acquiring an additional 950 shares during the last quarter. Financial Counselors Inc. raised its position in shares of Adams Diversified Equity Fund by 2.1% during the third quarter. Financial Counselors Inc. now owns 46,965 shares of the closed-end fund’s stock valued at $1,013,000 after buying an additional 950 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Adams Diversified Equity Fund by 1.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 77,240 shares of the closed-end fund’s stock worth $1,660,000 after acquiring an additional 1,045 shares during the period. 28.41% of the stock is currently owned by institutional investors and hedge funds.
Adams Diversified Equity Fund Company Profile
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.
Recommended Stories
- Five stocks we like better than Adams Diversified Equity Fund
- Basic Materials Stocks Investing
- Semtech Stock Climbs as AI Boom Drives Turnaround Success
- The Most Important Warren Buffett Stock for Investors: His Own
- 3 Companies Leading the Way With Aggressive Stock Buybacks
- Following Congress Stock Trades
- Is It Time to Buy Nuclear Energy Stocks After the Latest Dip?
Receive News & Ratings for Adams Diversified Equity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adams Diversified Equity Fund and related companies with MarketBeat.com's FREE daily email newsletter.