Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC cut its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 0.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 195,447 shares of the closed-end fund’s stock after selling 550 shares during the period. Adams Diversified Equity Fund makes up 1.2% of Uncommon Cents Investing LLC’s holdings, making the stock its 21st largest position. Uncommon Cents Investing LLC’s holdings in Adams Diversified Equity Fund were worth $3,815,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Tradewinds Capital Management LLC acquired a new position in shares of Adams Diversified Equity Fund in the first quarter valued at about $173,000. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Adams Diversified Equity Fund by 42.6% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 102,833 shares of the closed-end fund’s stock valued at $2,007,000 after purchasing an additional 30,707 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Adams Diversified Equity Fund by 2.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 407,538 shares of the closed-end fund’s stock valued at $7,955,000 after purchasing an additional 10,390 shares during the period. Priebe Wealth Holdings LLC boosted its stake in shares of Adams Diversified Equity Fund by 0.8% in the first quarter. Priebe Wealth Holdings LLC now owns 359,850 shares of the closed-end fund’s stock worth $7,024,000 after buying an additional 2,796 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in shares of Adams Diversified Equity Fund by 9.5% in the first quarter. International Assets Investment Management LLC now owns 48,222 shares of the closed-end fund’s stock worth $939,000 after buying an additional 4,194 shares during the last quarter. 28.41% of the stock is owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Up 0.9 %

Shares of ADX traded up $0.20 during mid-day trading on Thursday, reaching $21.73. The company had a trading volume of 49,187 shares, compared to its average volume of 100,733. Adams Diversified Equity Fund, Inc. has a 52-week low of $15.81 and a 52-week high of $21.73. The stock has a 50 day moving average of $20.42 and a two-hundred day moving average of $19.20.

Adams Diversified Equity Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 17th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.92%.

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.