Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Bought by LPL Financial LLC

LPL Financial LLC grew its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 18.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 166,781 shares of the closed-end fund’s stock after acquiring an additional 25,826 shares during the quarter. LPL Financial LLC owned about 0.14% of Adams Diversified Equity Fund worth $3,167,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lazard Asset Management LLC boosted its position in shares of Adams Diversified Equity Fund by 5.0% in the fourth quarter. Lazard Asset Management LLC now owns 2,997,278 shares of the closed-end fund’s stock worth $60,545,000 after buying an additional 143,863 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Adams Diversified Equity Fund in the fourth quarter worth about $20,836,000. Bensler LLC boosted its position in shares of Adams Diversified Equity Fund by 13.0% in the first quarter. Bensler LLC now owns 787,512 shares of the closed-end fund’s stock worth $14,955,000 after buying an additional 90,295 shares during the period. Royal Bank of Canada boosted its position in shares of Adams Diversified Equity Fund by 9.8% in the fourth quarter. Royal Bank of Canada now owns 755,447 shares of the closed-end fund’s stock worth $15,261,000 after buying an additional 67,533 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Adams Diversified Equity Fund by 9.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 425,321 shares of the closed-end fund’s stock worth $8,591,000 after buying an additional 35,419 shares during the period. 28.41% of the stock is currently owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Down 0.0%

Shares of NYSE ADX opened at $21.96 on Friday. Adams Diversified Equity Fund, Inc. has a 1-year low of $16.50 and a 1-year high of $22.63. The business has a 50-day moving average of $21.51 and a 200-day moving average of $20.21.

Adams Diversified Equity Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, August 28th. Shareholders of record on Tuesday, July 29th will be issued a dividend of $0.46 per share. This represents a yield of 837.0%. The ex-dividend date of this dividend is Monday, July 28th.

Adams Diversified Equity Fund Company Profile

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.