Level Four Advisory Services LLC Has $341,000 Stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Level Four Advisory Services LLC grew its stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 9.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,885 shares of the closed-end fund’s stock after acquiring an additional 1,454 shares during the period. Level Four Advisory Services LLC’s holdings in Adams Diversified Equity Fund were worth $341,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in shares of Adams Diversified Equity Fund by 5.9% during the 4th quarter. JPMorgan Chase & Co. now owns 12,701 shares of the closed-end fund’s stock worth $257,000 after purchasing an additional 702 shares in the last quarter. Financial Counselors Inc. raised its position in Adams Diversified Equity Fund by 9.5% during the fourth quarter. Financial Counselors Inc. now owns 51,405 shares of the closed-end fund’s stock valued at $1,038,000 after purchasing an additional 4,440 shares in the last quarter. TIAA Trust National Association lifted its stake in Adams Diversified Equity Fund by 8.7% during the fourth quarter. TIAA Trust National Association now owns 10,567 shares of the closed-end fund’s stock worth $213,000 after purchasing an additional 850 shares during the last quarter. FCA Corp TX boosted its holdings in shares of Adams Diversified Equity Fund by 5.6% in the 4th quarter. FCA Corp TX now owns 181,158 shares of the closed-end fund’s stock valued at $3,659,000 after purchasing an additional 9,545 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of Adams Diversified Equity Fund by 14.4% in the 4th quarter. LPL Financial LLC now owns 140,955 shares of the closed-end fund’s stock valued at $2,847,000 after purchasing an additional 17,743 shares during the last quarter. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

Shares of ADX stock opened at $19.02 on Tuesday. Adams Diversified Equity Fund, Inc. has a twelve month low of $18.36 and a twelve month high of $22.63. The business has a fifty day simple moving average of $20.02 and a 200 day simple moving average of $20.78.

Adams Diversified Equity Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Monday, January 27th were issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 9.88%. The ex-dividend date of this dividend was Monday, January 27th.

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.