Adams Diversified Equity Fund, Inc. $ADX Shares Sold by Priebe Wealth Holdings LLC

Priebe Wealth Holdings LLC trimmed its holdings in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 17.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,363 shares of the closed-end fund’s stock after selling 31,907 shares during the period. Adams Diversified Equity Fund accounts for approximately 2.8% of Priebe Wealth Holdings LLC’s holdings, making the stock its 10th largest holding. Priebe Wealth Holdings LLC owned approximately 0.13% of Adams Diversified Equity Fund worth $3,243,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ADX. UMB Bank n.a. acquired a new stake in Adams Diversified Equity Fund during the 1st quarter valued at $46,000. Pinion Investment Advisors LLC increased its holdings in Adams Diversified Equity Fund by 104.5% during the 1st quarter. Pinion Investment Advisors LLC now owns 34,330 shares of the closed-end fund’s stock valued at $652,000 after purchasing an additional 17,543 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Adams Diversified Equity Fund by 4.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 54,754 shares of the closed-end fund’s stock valued at $1,040,000 after purchasing an additional 2,390 shares in the last quarter. Avior Wealth Management LLC increased its holdings in Adams Diversified Equity Fund by 17.2% during the 1st quarter. Avior Wealth Management LLC now owns 22,188 shares of the closed-end fund’s stock valued at $421,000 after purchasing an additional 3,250 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in Adams Diversified Equity Fund by 68.7% during the 1st quarter. Oppenheimer & Co. Inc. now owns 34,748 shares of the closed-end fund’s stock valued at $660,000 after purchasing an additional 14,149 shares in the last quarter. 28.41% of the stock is owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Down 2.3%

ADX stock opened at $22.13 on Monday. The business has a fifty day moving average price of $21.97 and a 200 day moving average price of $20.81. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $16.50 and a fifty-two week high of $22.80.

Adams Diversified Equity Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, July 28th were paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend was Monday, July 28th.

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.