Frederic A. Escherich Sells 9,500 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) Stock

Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Frederic A. Escherich sold 9,500 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The shares were 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 of the company’s stock, valued at $1,094,482.44. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Adams Diversified Equity Fund Price Performance

ADX opened at $21.96 on Thursday. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $16.06 and a fifty-two week high of $22.49. The company’s 50 day moving average price is $21.38 and its two-hundred day moving average price is $20.89.

Hedge Funds Weigh In On Adams Diversified Equity Fund

Hedge funds have recently modified their holdings of the business. Lazard Asset Management LLC increased its holdings in Adams Diversified Equity Fund by 6.8% in the first quarter. Lazard Asset Management LLC now owns 4,401,972 shares of the closed-end fund’s stock valued at $85,926,000 after purchasing an additional 279,285 shares during the period. Cetera Investment Advisers bought a new position in shares of Adams Diversified Equity Fund during the first quarter worth about $2,679,000. Sanctuary Advisors LLC acquired a new position in shares of Adams Diversified Equity Fund in the second quarter worth approximately $2,336,000. Thrivent Financial for Lutherans bought a new stake in Adams Diversified Equity Fund in the second quarter valued at approximately $2,133,000. Finally, Providence Wealth Advisors LLC bought a new position in Adams Diversified Equity Fund during the 2nd quarter worth approximately $2,126,000. 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.