Geneos Wealth Management Inc. Purchases 12,827 Shares of Adams Diversified Equity Fund, Inc. $ADX

Geneos Wealth Management Inc. grew its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 388.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,125 shares of the closed-end fund’s stock after buying an additional 12,827 shares during the period. Geneos Wealth Management Inc.’s holdings in Adams Diversified Equity Fund were worth $306,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Polar Asset Management Partners Inc. purchased a new stake in Adams Diversified Equity Fund during the fourth quarter valued at about $1,512,000. Ameriprise Financial Inc. raised its position in shares of Adams Diversified Equity Fund by 66.1% in the fourth quarter. Ameriprise Financial Inc. now owns 57,220 shares of the closed-end fund’s stock valued at $1,156,000 after purchasing an additional 22,765 shares during the period. Consolidated Portfolio Review Corp lifted its stake in shares of Adams Diversified Equity Fund by 35.7% during the 1st quarter. Consolidated Portfolio Review Corp now owns 149,453 shares of the closed-end fund’s stock valued at $2,838,000 after buying an additional 39,292 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Adams Diversified Equity Fund by 68.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 34,748 shares of the closed-end fund’s stock worth $660,000 after buying an additional 14,149 shares during the period. Finally, Joel Isaacson & Co. LLC purchased a new position in Adams Diversified Equity Fund in the 1st quarter valued at approximately $504,000. Hedge funds and other institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Price Performance

Shares of ADX stock opened at $22.22 on Tuesday. The company’s fifty day simple moving average is $21.75 and its two-hundred day simple moving average is $20.39. Adams Diversified Equity Fund, Inc. has a 1 year low of $16.50 and a 1 year high of $22.63.

Adams Diversified Equity Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, July 28th were paid a $0.46 dividend. The ex-dividend date was Monday, July 28th. This represents a $1.84 annualized dividend and a yield of 8.3%.

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.