Insider Selling: Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Sells 9,500 Shares of Stock

Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Frederic A. Escherich sold 9,500 shares of Adams Diversified Equity Fund stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $21.93, for a total value of $208,335.00. Following the transaction, the director now owns 49,908 shares in the company, valued at approximately $1,094,482.44. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Adams Diversified Equity Fund Stock Down 1.4 %

Shares of ADX opened at $21.65 on Friday. Adams Diversified Equity Fund, Inc. has a 52-week low of $16.06 and a 52-week high of $22.49. The stock has a fifty day simple moving average of $21.39 and a two-hundred day simple moving average of $20.90.

Institutional Investors Weigh In On Adams Diversified Equity Fund

Several hedge funds and other institutional investors have recently bought and sold shares of ADX. Lazard Asset Management LLC grew its stake in shares of Adams Diversified Equity Fund by 6.8% in the 1st quarter. Lazard Asset Management LLC now owns 4,401,972 shares of the closed-end fund’s stock valued at $85,926,000 after buying an additional 279,285 shares during the period. Cetera Investment Advisers acquired a new stake in Adams Diversified Equity Fund during the first quarter worth $2,679,000. Prevail Innovative Wealth Advisors LLC raised its position in Adams Diversified Equity Fund by 12.2% in the second quarter. Prevail Innovative Wealth Advisors LLC now owns 219,849 shares of the closed-end fund’s stock valued at $4,725,000 after purchasing an additional 23,971 shares during the period. Providence Wealth Advisors LLC acquired a new position in shares of Adams Diversified Equity Fund in the 2nd quarter valued at $2,126,000. Finally, Bensler LLC boosted its stake in 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 worth $11,491,000 after buying an additional 20,929 shares during the period. 28.41% of the stock is currently owned by institutional investors and hedge funds.

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.