Uncommon Cents Investing LLC Sells 550 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Uncommon Cents Investing LLC lessened its holdings in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 0.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 195,447 shares of the closed-end fund’s stock after selling 550 shares during the quarter. Adams Diversified Equity Fund comprises 1.2% of Uncommon Cents Investing LLC’s portfolio, making the stock its 21st biggest holding. Uncommon Cents Investing LLC owned 0.16% of Adams Diversified Equity Fund worth $3,815,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HTLF Bank bought a new stake in Adams Diversified Equity Fund during the 4th quarter valued at approximately $6,516,000. Allspring Global Investments Holdings LLC increased its stake in Adams Diversified Equity Fund by 22.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,700,212 shares of the closed-end fund’s stock worth $30,111,000 after acquiring an additional 307,756 shares during the last quarter. Karpus Management Inc. bought a new stake in Adams Diversified Equity Fund in the 4th quarter worth approximately $2,745,000. International Assets Investment Management LLC increased its stake in Adams Diversified Equity Fund by 1,879.7% in the 4th quarter. International Assets Investment Management LLC now owns 779,738 shares of the closed-end fund’s stock worth $13,809,000 after acquiring an additional 740,352 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC increased its stake in Adams Diversified Equity Fund by 0.6% in the 4th quarter. MinichMacGregor Wealth Management LLC now owns 133,716 shares of the closed-end fund’s stock worth $2,368,000 after acquiring an additional 811 shares during the last quarter. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

NYSE:ADX traded up $0.20 during trading hours on Thursday, reaching $21.73. The stock had a trading volume of 49,187 shares, compared to its average volume of 100,733. Adams Diversified Equity Fund, Inc. has a 52 week low of $15.81 and a 52 week high of $21.73. The company has a 50 day moving average price of $20.42 and a two-hundred day moving average price of $19.20.

Adams Diversified Equity Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 17th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend was Thursday, May 16th.

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.