Capital Investment Advisors LLC Decreases Stock Position in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Capital Investment Advisors LLC lessened its stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 8.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 51,166 shares of the closed-end fund’s stock after selling 4,484 shares during the quarter. Capital Investment Advisors LLC’s holdings in Adams Diversified Equity Fund were worth $972,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Quad Cities Investment Group LLC boosted its holdings in Adams Diversified Equity Fund by 2.3% in the 1st quarter. Quad Cities Investment Group LLC now owns 25,940 shares of the closed-end fund’s stock worth $493,000 after acquiring an additional 571 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in Adams Diversified Equity Fund by 9.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,687 shares of the closed-end fund’s stock worth $135,000 after acquiring an additional 576 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in Adams Diversified Equity Fund by 1.7% in the 4th quarter. Atria Wealth Solutions Inc. now owns 35,519 shares of the closed-end fund’s stock worth $717,000 after acquiring an additional 608 shares during the period. JPMorgan Chase & Co. boosted its holdings in Adams Diversified Equity Fund by 5.9% in the 4th quarter. JPMorgan Chase & Co. now owns 12,701 shares of the closed-end fund’s stock worth $257,000 after acquiring an additional 702 shares during the period. Finally, Kingsview Wealth Management LLC boosted its holdings in Adams Diversified Equity Fund by 6.5% in the 4th quarter. Kingsview Wealth Management LLC now owns 11,778 shares of the closed-end fund’s stock worth $238,000 after acquiring an additional 717 shares during the period. Hedge funds and other institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

NYSE ADX opened at $20.92 on Tuesday. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $16.50 and a fifty-two week high of $22.63. The business has a 50 day moving average price of $19.26 and a two-hundred day moving average price of $19.88.

Adams Diversified Equity Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, May 30th. Stockholders of record on Tuesday, April 29th were paid a dividend of $0.46 per share. This represents a dividend yield of 10.16%. The ex-dividend date of this dividend was Monday, April 28th.

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.