Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC boosted its holdings in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 353.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 144,314 shares of the closed-end fund’s stock after buying an additional 112,482 shares during the quarter. Concurrent Investment Advisors LLC owned 0.12% of Adams Diversified Equity Fund worth $2,915,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. World Investment Advisors LLC acquired a new stake in shares of Adams Diversified Equity Fund in the 3rd quarter valued at $34,599,000. Bensler LLC raised its holdings in shares of Adams Diversified Equity Fund by 19.5% in the 4th quarter. Bensler LLC now owns 697,217 shares of the closed-end fund’s stock valued at $14,084,000 after purchasing an additional 113,940 shares in the last quarter. Landscape Capital Management L.L.C. raised its holdings in shares of Adams Diversified Equity Fund by 2,789.5% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 413,023 shares of the closed-end fund’s stock valued at $8,905,000 after purchasing an additional 398,729 shares in the last quarter. HTLF Bank raised its holdings in shares of Adams Diversified Equity Fund by 6.4% in the 4th quarter. HTLF Bank now owns 246,496 shares of the closed-end fund’s stock valued at $4,979,000 after purchasing an additional 14,775 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised 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 in the last quarter. 28.41% of the stock is currently owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Down 1.8 %

NYSE ADX opened at $20.45 on Friday. The firm’s fifty day moving average price is $20.60 and its 200 day moving average price is $21.05. Adams Diversified Equity Fund, Inc. has a 12 month low of $18.36 and a 12 month high of $22.63.

Adams Diversified Equity Fund Cuts Dividend

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

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.