Commonwealth Equity Services LLC Purchases 1,045 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Commonwealth Equity Services LLC boosted its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 1.4% in the second quarter, HoldingsChannel.com reports. The firm owned 77,240 shares of the closed-end fund’s stock after acquiring an additional 1,045 shares during the period. Commonwealth Equity Services LLC’s holdings in Adams Diversified Equity Fund were worth $1,660,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Lazard Asset Management LLC raised its holdings in Adams Diversified Equity Fund by 6.8% in the first quarter. Lazard Asset Management LLC now owns 4,401,972 shares of the closed-end fund’s stock worth $85,926,000 after purchasing an additional 279,285 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in shares of Adams Diversified Equity Fund by 4.7% during the first quarter. Blue Bell Private Wealth Management LLC now owns 1,245,867 shares of the closed-end fund’s stock valued at $24,319,000 after acquiring an additional 55,615 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Adams Diversified Equity Fund by 1.8% during 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 acquiring an additional 10,210 shares in the last quarter. Bensler LLC increased its holdings in shares of 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 valued at $11,491,000 after acquiring an additional 20,929 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in shares of Adams Diversified Equity Fund by 10.8% during the second quarter. Raymond James & Associates now owns 531,458 shares of the closed-end fund’s stock valued at $11,421,000 after acquiring an additional 51,599 shares in the last quarter. 28.41% of the stock is currently owned by institutional investors.

Adams Diversified Equity Fund Stock Performance

ADX opened at $21.24 on Friday. Adams Diversified Equity Fund, Inc. has a 52-week low of $15.81 and a 52-week high of $22.49. The firm’s 50-day moving average price is $21.22 and its 200-day moving average price is $20.36.

Adams Diversified Equity Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Monday, August 5th were given a $0.44 dividend. The ex-dividend date of this dividend was Monday, August 5th. This represents a $1.76 dividend on an annualized basis and a yield of 8.29%.

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.