Allspring Global Investments Holdings LLC Invests $412,000 in Adams Natural Resources Fund, Inc. $PEO

Allspring Global Investments Holdings LLC bought a new position in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 18,967 shares of the financial services provider’s stock, valued at approximately $412,000. Allspring Global Investments Holdings LLC owned approximately 0.07% of Adams Natural Resources Fund as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Cullen Investment Group LTD. grew its holdings in shares of Adams Natural Resources Fund by 1.7% during the fourth quarter. Cullen Investment Group LTD. now owns 27,399 shares of the financial services provider’s stock worth $614,000 after buying an additional 454 shares in the last quarter. Comerica Bank grew its holdings in shares of Adams Natural Resources Fund by 38.1% during the first quarter. Comerica Bank now owns 1,859 shares of the financial services provider’s stock worth $42,000 after buying an additional 513 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Adams Natural Resources Fund by 4.7% during the second quarter. NewEdge Advisors LLC now owns 12,600 shares of the financial services provider’s stock worth $269,000 after buying an additional 567 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Adams Natural Resources Fund by 1.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 60,628 shares of the financial services provider’s stock worth $1,334,000 after buying an additional 608 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Adams Natural Resources Fund by 45.2% during the second quarter. Geneos Wealth Management Inc. now owns 2,572 shares of the financial services provider’s stock worth $55,000 after buying an additional 801 shares in the last quarter. Hedge funds and other institutional investors own 33.54% of the company’s stock.

Adams Natural Resources Fund Stock Up 0.4%

Adams Natural Resources Fund stock opened at $26.38 on Friday. Adams Natural Resources Fund, Inc. has a 52-week low of $19.30 and a 52-week high of $28.88. The company has a fifty day simple moving average of $26.30 and a 200-day simple moving average of $23.46.

Adams Natural Resources Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Monday, January 26th were given a dividend of $0.49 per share. The ex-dividend date of this dividend was Monday, January 26th. This represents a $1.96 annualized dividend and a dividend yield of 7.4%.

Adams Natural Resources Fund Profile

Adams Natural Resources Fund (NYSE: PEO) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. Listed on the New York Stock Exchange, the fund offers investors a way to access a diversified portfolio of companies engaged in the natural resources and energy sectors without investing directly in individual stocks or commodities.

The fund primarily invests in equity securities, including common and preferred stocks, of companies involved in exploration, production, processing, and distribution of oil, natural gas, coal and alternative energy sources.