Bay Colony Advisory Group Inc d b a Bay Colony Advisors Invests $213,000 in Adams Diversified Equity Fund, Inc. $ADX

Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 9,810 shares of the closed-end fund’s stock, valued at approximately $213,000.

A number of other hedge funds have also recently made changes to their positions in the business. Raymond James Financial Inc. boosted its stake in shares of Adams Diversified Equity Fund by 16.4% in the first quarter. Raymond James Financial Inc. now owns 1,201,070 shares of the closed-end fund’s stock worth $22,808,000 after acquiring an additional 169,583 shares during the period. Royal Bank of Canada lifted its position in shares of Adams Diversified Equity Fund by 39.6% in the first quarter. Royal Bank of Canada now owns 1,054,872 shares of the closed-end fund’s stock worth $20,032,000 after buying an additional 299,425 shares in the last quarter. Waterfront Wealth Inc. lifted its position in shares of Adams Diversified Equity Fund by 6.5% in the second quarter. Waterfront Wealth Inc. now owns 440,707 shares of the closed-end fund’s stock worth $9,568,000 after buying an additional 26,709 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Adams Diversified Equity Fund by 3.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 428,357 shares of the closed-end fund’s stock worth $9,381,000 after buying an additional 14,834 shares in the last quarter. Finally, Jones Road Capital Management L.P. lifted its position in shares of Adams Diversified Equity Fund by 13.2% in the first quarter. Jones Road Capital Management L.P. now owns 419,000 shares of the closed-end fund’s stock worth $7,957,000 after buying an additional 48,880 shares in the last quarter. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Trading Up 1.0%

NYSE:ADX opened at $23.25 on Friday. Adams Diversified Equity Fund, Inc. has a 12 month low of $16.50 and a 12 month high of $23.33. The business’s 50-day moving average is $22.31 and its 200 day moving average is $21.28.

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.