Adams Diversified Equity Fund (NYSE:ADX) Hits New 1-Year High – Here’s Why

Posted by Francis Steltz on May 26th, 2026

Adams Diversified Equity Fund, Inc. (NYSE:ADX – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $25.30 and last traded at $25.29, with a volume of 89937 shares changing hands. The stock had previously closed at $25.02.

Adams Diversified Equity Fund Stock Up 0.6%

The stock’s fifty day simple moving average is $23.56 and its 200-day simple moving average is $23.26.

Adams Diversified Equity Fund Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Monday, April 27th will be issued a dividend of $0.48 per share. This is a boost from Adams Diversified Equity Fund’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Monday, April 27th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 7.6%.

Institutional Trading of Adams Diversified Equity Fund

A number of institutional investors and hedge funds have recently made changes to their positions in ADX. NewEdge Advisors LLC lifted its holdings in shares of Adams Diversified Equity Fund by 4.4% during the 1st quarter. NewEdge Advisors LLC now owns 36,365 shares of the closed-end fund’s stock worth $691,000 after acquiring an additional 1,530 shares during the period. Jane Street Group LLC bought a new stake in shares of Adams Diversified Equity Fund during the 1st quarter worth approximately $525,000. Raymond James Financial Inc. lifted its holdings in shares of Adams Diversified Equity Fund by 2.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,228,172 shares of the closed-end fund’s stock worth $26,664,000 after acquiring an additional 27,102 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Adams Diversified Equity Fund by 13.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 106,697 shares of the closed-end fund’s stock worth $2,367,000 after acquiring an additional 12,663 shares during the period. Finally, EP Wealth Advisors LLC bought a new stake in shares of Adams Diversified Equity Fund during the 2nd quarter worth approximately $401,000. Institutional investors own 28.41% of the company’s stock.

About Adams Diversified Equity Fund

(Get Free Report)

Adams Diversified Equity Fund (NYSE:ADX) is a closed-end management investment company that has traded on the New York Stock Exchange since 1929. The fund seeks long-term growth of capital with current income by investing primarily in equity securities of U.S. companies. As one of the oldest continuously operating diversified equity funds, ADX offers investors access to a broad portfolio of common stocks representing various sectors of the U.S. economy.

The fund employs a research-driven, bottom-up investment approach, emphasizing individual company fundamentals such as earnings growth, balance-sheet strength and valuation.