Adams Natural Resources Fund, Inc. (NYSE:PEO) Shares Sold by Walleye Capital LLC

Walleye Capital LLC reduced its stake in shares of Adams Natural Resources Fund, Inc. (NYSE:PEOGet Rating) by 57.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,772 shares of the financial services provider’s stock after selling 18,328 shares during the period. Walleye Capital LLC owned 0.06% of Adams Natural Resources Fund worth $268,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Wolverine Asset Management LLC boosted its holdings in shares of Adams Natural Resources Fund by 396,770.0% during the 2nd quarter. Wolverine Asset Management LLC now owns 39,687 shares of the financial services provider’s stock worth $772,000 after purchasing an additional 39,677 shares during the last quarter. Blue Bell Private Wealth Management LLC boosted its holdings in shares of Adams Natural Resources Fund by 32.7% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 9,714 shares of the financial services provider’s stock worth $189,000 after purchasing an additional 2,394 shares during the last quarter. Castle Wealth Management LLC acquired a new position in Adams Natural Resources Fund in the second quarter valued at approximately $66,000. Creative Financial Designs Inc. ADV lifted its holdings in Adams Natural Resources Fund by 27.8% in the second quarter. Creative Financial Designs Inc. ADV now owns 2,300 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 500 shares during the last quarter. Finally, CWM LLC lifted its holdings in Adams Natural Resources Fund by 312.6% in the second quarter. CWM LLC now owns 9,239 shares of the financial services provider’s stock valued at $180,000 after acquiring an additional 7,000 shares during the last quarter. 31.04% of the stock is currently owned by institutional investors and hedge funds.

Adams Natural Resources Fund Trading Down 0.4 %

PEO opened at $22.48 on Friday. Adams Natural Resources Fund, Inc. has a one year low of $15.32 and a one year high of $24.61. The business’s 50 day moving average price is $22.01 and its 200 day moving average price is $21.42.

Adams Natural Resources Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 16th. Investors of record on Monday, November 21st will be issued a $0.68 dividend. The ex-dividend date of this dividend is Friday, November 18th. This is a boost from Adams Natural Resources Fund’s previous quarterly dividend of $0.10. This represents a $2.72 dividend on an annualized basis and a yield of 12.10%.

Adams Natural Resources Fund Company Profile

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Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.

See Also

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Institutional Ownership by Quarter for Adams Natural Resources Fund (NYSE:PEO)

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