Priebe Wealth Holdings LLC Lowers Stock Holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Priebe Wealth Holdings LLC cut its stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 17.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 181,270 shares of the closed-end fund’s stock after selling 37,981 shares during the period. Adams Diversified Equity Fund accounts for 2.1% of Priebe Wealth Holdings LLC’s holdings, making the stock its 10th largest position. Priebe Wealth Holdings LLC owned about 0.15% of Adams Diversified Equity Fund worth $3,442,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. CIBC Private Wealth Group LLC bought a new position in shares of Adams Diversified Equity Fund during the fourth quarter worth approximately $31,000. UMB Bank n.a. acquired a new position in Adams Diversified Equity Fund in the 1st quarter valued at $46,000. Elequin Capital LP bought a new position in Adams Diversified Equity Fund during the 4th quarter worth $53,000. First Command Advisory Services Inc. bought a new position in Adams Diversified Equity Fund during the 4th quarter worth $89,000. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of Adams Diversified Equity Fund by 9.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,687 shares of the closed-end fund’s stock worth $135,000 after buying an additional 576 shares in the last quarter. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

ADX stock opened at $20.77 on Monday. The company’s 50-day simple moving average is $19.22 and its 200 day simple moving average is $19.88. Adams Diversified Equity Fund, Inc. has a 52 week low of $16.50 and a 52 week high of $22.63.

Adams Diversified Equity Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 30th. Shareholders of record on Tuesday, April 29th were issued a $0.46 dividend. This represents a yield of 10.16%. The ex-dividend date of this dividend was Monday, April 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.