US Bancorp DE Sells 1,473 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

US Bancorp DE trimmed its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 14.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,858 shares of the closed-end fund’s stock after selling 1,473 shares during the period. US Bancorp DE’s holdings in Adams Diversified Equity Fund were worth $191,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ADX. Creative Planning increased its holdings in Adams Diversified Equity Fund by 5.0% during the 2nd 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. Capital Market Strategies LLC increased its stake in shares of Adams Diversified Equity Fund by 3.3% during the second quarter. Capital Market Strategies LLC now owns 24,248 shares of the closed-end fund’s stock valued at $521,000 after buying an additional 767 shares during the period. Sage Capital Advisors llc raised its holdings in shares of Adams Diversified Equity Fund by 3.6% during the third quarter. Sage Capital Advisors llc now owns 25,402 shares of the closed-end fund’s stock valued at $548,000 after acquiring an additional 885 shares in the last quarter. Massmutual Trust Co. FSB ADV lifted its stake in 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 period. Finally, Commonwealth Equity Services LLC lifted its stake in Adams Diversified Equity Fund by 1.4% in the second 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 hedge funds and other institutional investors.

Insider Activity

In other Adams Diversified Equity Fund news, Director Jane Musser Nelson bought 1,155 shares of the company’s stock in a transaction dated 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 acquisition, the director now owns 4,982 shares in the company, valued at approximately $108,059.58. This represents a 30.18 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Frederic A. Escherich sold 4,833 shares of the company’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $21.90, for a total transaction of $105,842.70. Following the completion of the sale, the director now directly owns 59,408 shares in the company, valued at $1,301,035.20. This represents a 7.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.11% of the company’s stock.

Adams Diversified Equity Fund Price Performance

Shares of Adams Diversified Equity Fund stock opened at $22.27 on Friday. Adams Diversified Equity Fund, Inc. has a 12-month low of $16.47 and a 12-month high of $22.58. The company’s fifty day simple moving average is $21.58 and its two-hundred day simple moving average is $21.13.

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.