15,478 Shares in Adams Diversified Equity Fund, Inc. (NYSE:ADX) Acquired by K2 Principal Fund L.P.

K2 Principal Fund L.P. acquired a new position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 15,478 shares of the closed-end fund’s stock, valued at approximately $313,000.

Several other large investors have also recently added to or reduced their stakes in ADX. CIBC Private Wealth Group LLC bought a new position in shares of Adams Diversified Equity Fund during the fourth quarter worth about $31,000. Geneos Wealth Management Inc. increased its stake in shares of 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 valued at $67,000 after purchasing an additional 1,029 shares during the period. First Command Advisory Services Inc. acquired a new stake in shares of Adams Diversified Equity Fund in the fourth quarter valued at approximately $89,000. Steward Partners Investment Advisory LLC raised its holdings in shares of Adams Diversified Equity Fund by 9.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,687 shares of the closed-end fund’s stock valued at $135,000 after buying an additional 576 shares during the last quarter. Finally, Allworth Financial LP bought a new position in Adams Diversified Equity Fund in the 4th quarter worth approximately $202,000. 28.41% of the stock is owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Down 0.6 %

Shares of Adams Diversified Equity Fund stock opened at $19.26 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’s fifty day moving average price is $18.75 and its two-hundred day moving average price is $20.15.

Adams Diversified Equity Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, May 30th. Investors of record on Tuesday, April 29th will be given a $0.46 dividend. The ex-dividend date is Monday, April 28th. This represents a yield of 10.16%.

Adams Diversified Equity Fund 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.