Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $22.43, but opened at $20.50. Adams Diversified Equity Fund shares last traded at $20.49, with a volume of 193,040 shares changing hands.
Adams Diversified Equity Fund Stock Performance
The firm’s 50 day simple moving average is $21.75 and its 200-day simple moving average is $21.27.
Adams Diversified Equity Fund Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Friday, November 22nd will be given a $1.96 dividend. This represents a $7.84 annualized dividend and a yield of 38.39%. The ex-dividend date of this dividend is Friday, November 22nd.
Insider Transactions at Adams Diversified Equity Fund
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in ADX. Farther Finance Advisors LLC bought a new position in Adams Diversified Equity Fund in the third quarter worth about $30,000. Rothschild Investment LLC acquired a new stake in shares of Adams Diversified Equity Fund in the second quarter valued at approximately $45,000. Sunbelt Securities Inc. boosted its position in shares of Adams Diversified Equity Fund by 23,200.0% during the second quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund’s stock worth $55,000 after buying an additional 2,552 shares during the period. LRI Investments LLC bought a new position in shares of Adams Diversified Equity Fund in the third quarter worth $62,000. Finally, Great Valley Advisor Group Inc. acquired a new stake in Adams Diversified Equity Fund in the second quarter worth about $206,000. Institutional investors and hedge funds own 28.41% of the company’s stock.
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.
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