LPL Financial LLC Increases Holdings in Adams Natural Resources Fund, Inc. (NYSE:PEO)

LPL Financial LLC raised its holdings in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) by 23.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 56,942 shares of the financial services provider’s stock after purchasing an additional 10,880 shares during the quarter. LPL Financial LLC owned approximately 0.22% of Adams Natural Resources Fund worth $1,238,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in PEO. City State Bank bought a new position in shares of Adams Natural Resources Fund in the 4th quarter worth $25,000. Jones Financial Companies Lllp increased its stake in shares of Adams Natural Resources Fund by 31.9% during the fourth quarter. Jones Financial Companies Lllp now owns 4,547 shares of the financial services provider’s stock valued at $99,000 after purchasing an additional 1,100 shares in the last quarter. Priebe Wealth Holdings LLC purchased a new stake in Adams Natural Resources Fund during the 4th quarter valued at about $317,000. RFG Advisory LLC bought a new position in shares of Adams Natural Resources Fund during the fourth quarter valued at $326,000. Finally, Moors & Cabot Inc. grew its position in Adams Natural Resources Fund by 4.6% in the 4th quarter. Moors & Cabot Inc. now owns 15,298 shares of the financial services provider’s stock worth $333,000 after purchasing an additional 669 shares during the period. 33.54% of the stock is owned by institutional investors.

Insider Activity

In other news, VP Gregory W. Buckley bought 1,450 shares of Adams Natural Resources Fund stock in a transaction dated Wednesday, January 22nd. The shares were purchased at an average cost of $23.30 per share, with a total value of $33,785.00. Following the completion of the acquisition, the vice president now owns 17,604 shares of the company’s stock, valued at $410,173.20. This trade represents a 8.98 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.13% of the company’s stock.

Adams Natural Resources Fund Stock Up 1.6 %

Shares of PEO stock opened at $20.35 on Friday. The company has a 50 day simple moving average of $21.64 and a two-hundred day simple moving average of $22.58. Adams Natural Resources Fund, Inc. has a 12 month low of $18.35 and a 12 month high of $24.23.

About Adams Natural Resources Fund

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.