Consolidated Portfolio Review Corp Invests $2.23 Million in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Consolidated Portfolio Review Corp bought a new stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 110,161 shares of the closed-end fund’s stock, valued at approximately $2,225,000.

Other large investors have also recently modified their holdings of the company. Choreo LLC increased its holdings in Adams Diversified Equity Fund by 22.2% during the 4th quarter. Choreo LLC now owns 44,807 shares of the closed-end fund’s stock valued at $908,000 after purchasing an additional 8,143 shares during the period. Founders Capital Management LLC grew its position in shares of Adams Diversified Equity Fund by 8.8% in the 4th quarter. Founders Capital Management LLC now owns 11,116 shares of the closed-end fund’s stock worth $225,000 after buying an additional 903 shares during the last quarter. Bensler LLC increased its stake in shares of Adams Diversified Equity Fund by 19.5% during the fourth quarter. Bensler LLC now owns 697,217 shares of the closed-end fund’s stock valued at $14,084,000 after buying an additional 113,940 shares during the period. Kingswood Wealth Advisors LLC bought a new position in shares of Adams Diversified Equity Fund during the fourth quarter valued at approximately $230,000. Finally, Geneos Wealth Management Inc. lifted its stake in Adams Diversified Equity Fund by 45.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,298 shares of the closed-end fund’s stock worth $67,000 after acquiring an additional 1,029 shares during the period. Hedge funds and other institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

Shares of NYSE ADX opened at $20.71 on Friday. The firm has a fifty day simple moving average of $20.57 and a two-hundred day simple moving average of $21.10. Adams Diversified Equity Fund, Inc. has a 12 month low of $18.33 and a 12 month high of $22.63.

Adams Diversified Equity Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, January 27th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, January 27th. This represents a $1.88 annualized dividend and a yield of 9.08%.

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.