Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Acquired by Financial Counselors Inc.

Financial Counselors Inc. increased its holdings in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 2.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 46,965 shares of the closed-end fund’s stock after acquiring an additional 950 shares during the period. Financial Counselors Inc.’s holdings in Adams Diversified Equity Fund were worth $1,013,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Bensler LLC raised its position in Adams Diversified Equity Fund by 9.1% during the third quarter. Bensler LLC now owns 583,277 shares of the closed-end fund’s stock worth $12,575,000 after acquiring an additional 48,581 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of Adams Diversified Equity Fund by 1.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 562,135 shares of the closed-end fund’s stock worth $12,080,000 after purchasing an additional 10,210 shares in the last quarter. Raymond James & Associates raised its position in shares of Adams Diversified Equity Fund by 10.8% during the 2nd quarter. Raymond James & Associates now owns 531,458 shares of the closed-end fund’s stock worth $11,421,000 after purchasing an additional 51,599 shares during the last quarter. Landscape Capital Management L.L.C. lifted its stake in Adams Diversified Equity Fund by 2,789.5% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 413,023 shares of the closed-end fund’s stock valued at $8,905,000 after buying an additional 398,729 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in Adams Diversified Equity Fund by 1.2% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 412,311 shares of the closed-end fund’s stock worth $8,861,000 after buying an additional 4,773 shares during the last quarter. Institutional investors and hedge funds own 28.41% of the company’s stock.

Adams Diversified Equity Fund Trading Up 1.0 %

NYSE:ADX opened at $20.57 on Friday. The stock has a 50 day moving average of $21.66 and a two-hundred day moving average of $21.29. Adams Diversified Equity Fund, Inc. has a 12 month low of $16.85 and a 12 month high of $22.63.

Adams Diversified Equity Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Friday, November 22nd will be given a dividend of $1.96 per share. This represents a $7.84 annualized dividend and a dividend yield of 38.11%. The ex-dividend date of this dividend is Friday, November 22nd.

Insider Activity at Adams Diversified Equity Fund

In related news, Director Jane Musser Nelson bought 1,155 shares of the stock in a transaction dated Thursday, October 31st. The shares were acquired at an average cost of $21.69 per share, for a total transaction of $25,051.95. Following the acquisition, the director now directly owns 4,982 shares in the company, valued at approximately $108,059.58. This trade represents a 30.18 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frederic A. Escherich sold 9,500 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $21.93, for a total value of $208,335.00. Following the completion of the sale, the director now owns 49,908 shares of the company’s stock, valued at $1,094,482.44. This trade represents a 15.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.11% of the stock is owned by corporate insiders.

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.