Adams Diversified Equity Fund, Inc. $ADX Shares Sold by Priebe Wealth Holdings LLC

Priebe Wealth Holdings LLC reduced its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 17.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 149,363 shares of the closed-end fund’s stock after selling 31,907 shares during the period. Adams Diversified Equity Fund accounts for approximately 2.8% of Priebe Wealth Holdings LLC’s investment portfolio, making the stock its 10th largest holding. Priebe Wealth Holdings LLC’s holdings in Adams Diversified Equity Fund were worth $3,243,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. boosted its holdings in Adams Diversified Equity Fund by 2.3% during the second quarter. Blue Trust Inc. now owns 26,296 shares of the closed-end fund’s stock worth $571,000 after buying an additional 580 shares during the last quarter. Quad Cities Investment Group LLC boosted its holdings in Adams Diversified Equity Fund by 2.3% during the second quarter. Quad Cities Investment Group LLC now owns 26,525 shares of the closed-end fund’s stock worth $576,000 after buying an additional 585 shares during the last quarter. Accredited Investor Services LLC boosted its holdings in Adams Diversified Equity Fund by 3.9% during the second quarter. Accredited Investor Services LLC now owns 15,757 shares of the closed-end fund’s stock worth $342,000 after buying an additional 593 shares during the last quarter. FCA Corp TX boosted its holdings in Adams Diversified Equity Fund by 0.4% during the first quarter. FCA Corp TX now owns 181,808 shares of the closed-end fund’s stock worth $3,453,000 after buying an additional 650 shares during the last quarter. Finally, IFP Advisors Inc boosted its holdings in Adams Diversified Equity Fund by 76.1% during the second quarter. IFP Advisors Inc now owns 1,620 shares of the closed-end fund’s stock worth $35,000 after buying an additional 700 shares during the last quarter. 28.41% of the stock is owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Performance

Shares of ADX opened at $22.13 on Monday. Adams Diversified Equity Fund, Inc. has a 1 year low of $16.50 and a 1 year high of $22.80. The stock’s 50-day moving average price is $21.97 and its two-hundred day moving average price is $20.81.

Adams Diversified Equity Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, July 28th were issued a dividend of $0.46 per share. The ex-dividend date was Monday, July 28th. This represents a $1.84 dividend on an annualized basis and a yield of 8.3%.

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.