Stolper Co Acquires 3,507 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Stolper Co raised its stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 3.9% in the 4th quarter, Holdings Channel reports. The firm owned 94,165 shares of the closed-end fund’s stock after purchasing an additional 3,507 shares during the quarter. Stolper Co’s holdings in Adams Diversified Equity Fund were worth $1,902,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Farther Finance Advisors LLC bought a new stake in shares of Adams Diversified Equity Fund in the 3rd quarter valued at $30,000. Sunbelt Securities Inc. lifted its holdings in Adams Diversified Equity Fund by 23,200.0% in the second quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund’s stock valued at $55,000 after buying an additional 2,552 shares during the period. LRI Investments LLC bought a new stake in Adams Diversified Equity Fund during the third quarter valued at $62,000. Kingsview Wealth Management LLC acquired a new stake in Adams Diversified Equity Fund during the 3rd quarter worth about $238,000. Finally, Sequoia Financial Advisors LLC bought a new position in shares of Adams Diversified Equity Fund in the 3rd quarter worth about $248,000. 28.41% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Frederic A. Escherich sold 9,500 shares of the business’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $21.93, for a total value of $208,335.00. Following the completion of the sale, the director now directly owns 49,908 shares of the company’s stock, valued at $1,094,482.44. The trade was a 15.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jane Musser Nelson purchased 1,155 shares of the business’s stock in a transaction on Thursday, October 31st. The stock was purchased at an average price of $21.69 per share, for a total transaction of $25,051.95. Following the acquisition, the director now owns 4,982 shares of the company’s stock, valued at approximately $108,059.58. This represents a 30.18 % increase in their position. The disclosure for this purchase can be found here. 0.11% of the stock is currently owned by company insiders.

Adams Diversified Equity Fund Stock Up 1.8 %

NYSE ADX opened at $20.62 on Thursday. The business has a 50 day simple moving average of $20.94 and a 200 day simple moving average of $21.23. Adams Diversified Equity Fund, Inc. has a one year low of $17.40 and a one year high of $22.63.

Adams Diversified Equity Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Friday, November 22nd were paid a $1.96 dividend. The ex-dividend date was Friday, November 22nd. This represents a $7.84 annualized dividend and a dividend yield of 38.02%.

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.