Quantedge Capital Pte Ltd Acquires 14,500 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Quantedge Capital Pte Ltd boosted its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 40.6% in the 4th quarter, HoldingsChannel reports. The firm owned 50,257 shares of the closed-end fund’s stock after buying an additional 14,500 shares during the period. Quantedge Capital Pte Ltd’s holdings in Adams Diversified Equity Fund were worth $1,015,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Steward Partners Investment Advisory LLC boosted its holdings in shares of Adams Diversified Equity Fund by 9.4% in 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 period. Atria Wealth Solutions Inc. raised its position in shares of Adams Diversified Equity Fund by 1.7% in the fourth quarter. Atria Wealth Solutions Inc. now owns 35,519 shares of the closed-end fund’s stock valued at $717,000 after purchasing an additional 608 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Adams Diversified Equity Fund by 5.9% in the fourth quarter. JPMorgan Chase & Co. now owns 12,701 shares of the closed-end fund’s stock valued at $257,000 after acquiring an additional 702 shares in the last quarter. Kingsview Wealth Management LLC grew its stake in shares of Adams Diversified Equity Fund by 6.5% in the fourth quarter. Kingsview Wealth Management LLC now owns 11,778 shares of the closed-end fund’s stock valued at $238,000 after acquiring an additional 717 shares in the last quarter. Finally, TIAA Trust National Association grew its stake in shares of Adams Diversified Equity Fund by 8.7% in the fourth quarter. TIAA Trust National Association now owns 10,567 shares of the closed-end fund’s stock valued at $213,000 after acquiring an additional 850 shares in the last quarter. 28.41% of the stock is owned by institutional investors.

Adams Diversified Equity Fund Trading Up 0.1%

Shares of Adams Diversified Equity Fund stock opened at $20.12 on Thursday. The firm’s 50-day moving average price is $18.78 and its two-hundred day moving average price is $20.12. Adams Diversified Equity Fund, Inc. has a 12-month low of $16.50 and a 12-month high of $22.63.

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 dividend of $0.46 per share. The ex-dividend date is Monday, April 28th. This represents a dividend 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.