Stolper Co Has $1.90 Million Holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Stolper Co boosted its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 3.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,165 shares of the closed-end fund’s stock after buying an additional 3,507 shares during the period. Stolper Co owned approximately 0.08% of Adams Diversified Equity Fund worth $1,902,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. World Investment Advisors LLC bought a new stake in shares of Adams Diversified Equity Fund during the 3rd quarter worth approximately $34,599,000. Bensler LLC lifted its stake in Adams Diversified Equity Fund by 9.1% during the third quarter. Bensler LLC now owns 583,277 shares of the closed-end fund’s stock worth $12,575,000 after purchasing an additional 48,581 shares during the last quarter. Landscape Capital Management L.L.C. lifted its stake in Adams Diversified Equity Fund by 2,789.5% during the third quarter. Landscape Capital Management L.L.C. now owns 413,023 shares of the closed-end fund’s stock worth $8,905,000 after purchasing an additional 398,729 shares during the last quarter. Shaker Financial Services LLC acquired a new stake in shares of Adams Diversified Equity Fund in the 3rd quarter valued at $4,446,000. Finally, Advisors Asset Management Inc. increased its stake in shares of Adams Diversified Equity Fund by 16.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 190,537 shares of the closed-end fund’s stock valued at $4,108,000 after purchasing an additional 26,936 shares during the last quarter. 28.41% of the stock is owned by institutional investors.

Insider Transactions at Adams Diversified Equity Fund

In other news, Director Frederic A. Escherich sold 9,500 shares of the stock in a transaction 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 completion of the transaction, the director now directly owns 49,908 shares in the company, valued at approximately $1,094,482.44. This represents a 15.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jane Musser Nelson acquired 1,155 shares of Adams Diversified Equity Fund stock in a transaction that occurred on Thursday, October 31st. The shares were purchased at an average price of $21.69 per share, for a total transaction of $25,051.95. Following the transaction, the director now directly owns 4,982 shares in the company, valued at $108,059.58. The trade was a 30.18 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.11% of the company’s stock.

Adams Diversified Equity Fund Price Performance

Adams Diversified Equity Fund stock opened at $20.62 on Thursday. Adams Diversified Equity Fund, Inc. has a 52 week low of $17.40 and a 52 week high of $22.63. The stock has a fifty day moving average of $20.94 and a 200-day moving average of $21.23.

Adams Diversified Equity Fund Dividend Announcement

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

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.