Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lessened its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 23.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,249,939 shares of the closed-end fund’s stock after selling 380,273 shares during the period. Allspring Global Investments Holdings LLC owned approximately 1.01% of Adams Diversified Equity Fund worth $26,861,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Adams Diversified Equity Fund by 1.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 562,135 shares of the closed-end fund’s stock worth $12,080,000 after acquiring an additional 10,210 shares during the period. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Adams Diversified Equity Fund by 38.8% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 142,694 shares of the closed-end fund’s stock worth $3,066,000 after acquiring an additional 39,861 shares during the period. Raymond James & Associates increased its holdings in shares of Adams Diversified Equity Fund by 10.8% in the 2nd quarter. Raymond James & Associates now owns 531,458 shares of the closed-end fund’s stock worth $11,421,000 after acquiring an additional 51,599 shares during the period. Founders Capital Management LLC acquired a new stake in shares of Adams Diversified Equity Fund in the 2nd quarter worth about $225,000. Finally, Priebe Wealth Holdings LLC increased its holdings in shares of Adams Diversified Equity Fund by 0.6% in the 2nd quarter. Priebe Wealth Holdings LLC now owns 362,015 shares of the closed-end fund’s stock worth $7,780,000 after acquiring an additional 2,165 shares during the period. Institutional investors and hedge funds own 28.41% of the company’s stock.

Adams Diversified Equity Fund Trading Up 0.0 %

Shares of ADX opened at $21.21 on Wednesday. The firm has a 50-day moving average price of $21.38 and a 200 day moving average price of $20.17. Adams Diversified Equity Fund, Inc. has a 52-week low of $15.81 and a 52-week high of $22.49.

Adams Diversified Equity Fund Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Monday, August 5th will be given a $0.44 dividend. The ex-dividend date of this dividend is Monday, August 5th. This represents a $1.76 dividend on an annualized basis and a yield of 8.30%.

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.