IFP Advisors Inc Grows Stake in Adams Diversified Equity Fund, Inc. $ADX

IFP Advisors Inc grew its stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 76.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,620 shares of the closed-end fund’s stock after buying an additional 700 shares during the period. IFP Advisors Inc’s holdings in Adams Diversified Equity Fund were worth $35,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Valmark Advisers Inc. acquired a new stake in shares of Adams Diversified Equity Fund during the second quarter worth $213,000. Abel Hall LLC acquired a new stake in shares of Adams Diversified Equity Fund during the second quarter worth $243,000. Consolidated Portfolio Review Corp boosted its holdings in shares of Adams Diversified Equity Fund by 1.8% during the second quarter. Consolidated Portfolio Review Corp now owns 152,212 shares of the closed-end fund’s stock worth $3,305,000 after purchasing an additional 2,759 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in shares of Adams Diversified Equity Fund by 325.2% during the second quarter. Sound Income Strategies LLC now owns 2,615 shares of the closed-end fund’s stock worth $57,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Avior Wealth Management LLC boosted its holdings in shares of Adams Diversified Equity Fund by 24.8% during the second quarter. Avior Wealth Management LLC now owns 27,688 shares of the closed-end fund’s stock worth $601,000 after purchasing an additional 5,500 shares during the last quarter. Hedge funds and other institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Trading Up 0.3%

Shares of Adams Diversified Equity Fund stock opened at $22.85 on Wednesday. The business’s fifty day moving average price is $22.11 and its 200 day moving average price is $20.98. Adams Diversified Equity Fund, Inc. has a twelve month low of $16.50 and a twelve month high of $22.90.

About Adams Diversified Equity Fund

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.