Raymond James & Associates Buys 1,129 Shares of Adams Natural Resources Fund, Inc. (NYSE:PEO)

Raymond James & Associates lifted its stake in Adams Natural Resources Fund, Inc. (NYSE:PEO – Get Rating) by 0.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 174,494 shares of the financial services provider’s stock after buying an additional 1,129 shares during the period. Raymond James & Associates owned about 0.72% of Adams Natural Resources Fund worth $3,396,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV lifted its position in shares of Adams Natural Resources Fund by 27.8% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,300 shares of the financial services provider’s stock worth $45,000 after acquiring an additional 500 shares during the period. Castle Wealth Management LLC bought a new stake in Adams Natural Resources Fund in the 2nd quarter valued at $66,000. JFS Wealth Advisors LLC raised its stake in shares of Adams Natural Resources Fund by 35.6% in the 3rd quarter. JFS Wealth Advisors LLC now owns 8,504 shares of the financial services provider’s stock valued at $165,000 after buying an additional 2,232 shares in the last quarter. CWM LLC raised its position 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 worth $180,000 after purchasing an additional 7,000 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC lifted its stake in Adams Natural Resources Fund by 32.7% during the second 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 period. 31.69% of the stock is owned by institutional investors and hedge funds.

Adams Natural Resources Fund Trading Up 0.9 %

PEO stock opened at $22.31 on Friday. Adams Natural Resources Fund, Inc. has a 1-year low of $17.22 and a 1-year high of $24.61. The business’s 50 day moving average is $22.13 and its 200-day moving average is $21.49.

Adams Natural Resources Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 16th. Stockholders of record on Monday, November 21st were paid a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 12.19%. The ex-dividend date was Friday, November 18th. This is an increase from Adams Natural Resources Fund’s previous quarterly dividend of $0.10.

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.