Hennion & Walsh Asset Management Inc. Acquires 30,707 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 42.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,833 shares of the closed-end fund’s stock after purchasing an additional 30,707 shares during the quarter. Hennion & Walsh Asset Management Inc. owned about 0.08% of Adams Diversified Equity Fund worth $2,007,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of ADX. Wealth Enhancement Advisory Services LLC raised its position in shares of Adams Diversified Equity Fund by 2.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 407,538 shares of the closed-end fund’s stock valued at $7,955,000 after buying an additional 10,390 shares in the last quarter. Priebe Wealth Holdings LLC lifted its stake in shares of Adams Diversified Equity Fund by 0.8% in the 1st quarter. Priebe Wealth Holdings LLC now owns 359,850 shares of the closed-end fund’s stock valued at $7,024,000 after purchasing an additional 2,796 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Adams Diversified Equity Fund by 9.5% in the 1st quarter. International Assets Investment Management LLC now owns 48,222 shares of the closed-end fund’s stock worth $939,000 after purchasing an additional 4,194 shares during the period. Cullen Investment Group LTD. bought a new position in shares of Adams Diversified Equity Fund during the 1st quarter valued at approximately $194,000. Finally, Scarborough Advisors LLC purchased a new stake in Adams Diversified Equity Fund during the 4th quarter valued at $50,000. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

Shares of ADX opened at $21.49 on Friday. Adams Diversified Equity Fund, Inc. has a 52-week low of $15.81 and a 52-week high of $21.65. The business has a fifty day moving average of $20.25 and a 200 day moving average of $19.12.

Adams Diversified Equity Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 17th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.20 annualized dividend and a yield of 0.93%.

Adams Diversified Equity Fund 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.