Priebe Wealth Holdings LLC Makes New Investment in Adams Natural Resources Fund, Inc. (NYSE:PEO)

Priebe Wealth Holdings LLC acquired a new stake in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 14,563 shares of the financial services provider’s stock, valued at approximately $317,000. Priebe Wealth Holdings LLC owned approximately 0.06% of Adams Natural Resources Fund at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of PEO. City State Bank bought a new position in Adams Natural Resources Fund during the 4th quarter worth about $25,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Adams Natural Resources Fund by 241.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,230 shares of the financial services provider’s stock worth $76,000 after buying an additional 2,283 shares in the last quarter. Advisors Asset Management Inc. acquired a new stake in Adams Natural Resources Fund in the 3rd quarter valued at approximately $360,000. Wolverine Asset Management LLC raised its position in Adams Natural Resources Fund by 1,206.2% in the 3rd quarter. Wolverine Asset Management LLC now owns 24,086 shares of the financial services provider’s stock valued at $559,000 after buying an additional 22,242 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Adams Natural Resources Fund in the 3rd quarter valued at approximately $590,000. Institutional investors own 33.54% of the company’s stock.

Adams Natural Resources Fund Stock Up 1.6 %

Shares of PEO opened at $23.80 on Tuesday. Adams Natural Resources Fund, Inc. has a twelve month low of $19.85 and a twelve month high of $24.79. The company has a 50 day moving average of $22.80 and a 200-day moving average of $23.20.

Adams Natural Resources Fund Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, February 26th. Investors of record on Monday, January 27th will be given a $0.53 dividend. The ex-dividend date of this dividend is Monday, January 27th. This is an increase from Adams Natural Resources Fund’s previous dividend of $0.16.

Adams Natural Resources Fund Company 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.