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

K2 Principal Fund L.P. purchased a new position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 15,478 shares of the closed-end fund’s stock, valued at approximately $313,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of ADX. CIBC Private Wealth Group LLC bought a new stake in shares of Adams Diversified Equity Fund in the 4th quarter worth approximately $31,000. Geneos Wealth Management Inc. grew its position in 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 worth $67,000 after buying an additional 1,029 shares during the last quarter. First Command Advisory Services Inc. bought a new position in shares of Adams Diversified Equity Fund in the fourth quarter valued at $89,000. Steward Partners Investment Advisory LLC lifted its position in shares of Adams Diversified Equity Fund by 9.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,687 shares of the closed-end fund’s stock valued at $135,000 after acquiring an additional 576 shares during the last quarter. Finally, Allworth Financial LP bought a new stake in shares of Adams Diversified Equity Fund during the 4th quarter worth $202,000. 28.41% of the stock is owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Performance

Shares of NYSE ADX opened at $19.26 on Friday. Adams Diversified Equity Fund, Inc. has a 52-week low of $16.50 and a 52-week high of $22.63. The stock’s fifty day simple moving average is $18.75 and its 200 day simple moving average is $20.15.

Adams Diversified Equity Fund Dividend Announcement

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

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.