Allspring Global Investments Holdings LLC lessened its holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX – Free Report) by 21.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 412,966 shares of the closed-end fund’s stock after selling 110,702 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Adams Diversified Equity Fund were worth $8,965,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of ADX. Royal Bank of Canada increased its stake in shares of Adams Diversified Equity Fund by 39.6% in the 1st quarter. Royal Bank of Canada now owns 1,054,872 shares of the closed-end fund’s stock valued at $20,032,000 after purchasing an additional 299,425 shares in the last quarter. Penserra Capital Management LLC purchased a new stake in Adams Diversified Equity Fund during the 1st quarter worth approximately $4,469,000. Raymond James Financial Inc. increased its stake in Adams Diversified Equity Fund by 16.4% during the 1st quarter. Raymond James Financial Inc. now owns 1,201,070 shares of the closed-end fund’s stock worth $22,808,000 after buying an additional 169,583 shares in the last quarter. Wolverine Asset Management LLC increased its stake in Adams Diversified Equity Fund by 205.2% during the 1st quarter. Wolverine Asset Management LLC now owns 152,886 shares of the closed-end fund’s stock worth $2,903,000 after buying an additional 102,797 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its stake in Adams Diversified Equity Fund by 29.5% during the 1st quarter. Advisors Asset Management Inc. now owns 344,966 shares of the closed-end fund’s stock worth $6,551,000 after buying an additional 78,671 shares in the last quarter. Hedge funds and other institutional investors own 28.41% of the company’s stock.
Adams Diversified Equity Fund Trading Up 0.1%
NYSE:ADX opened at $22.54 on Monday. Adams Diversified Equity Fund, Inc. has a 12 month low of $16.50 and a 12 month high of $22.80. The stock has a 50 day moving average of $22.07 and a two-hundred day moving average of $20.93.
About Adams Diversified Equity Fund
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.
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