Priebe Wealth Holdings LLC Has $5.40 Million Stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Priebe Wealth Holdings LLC lowered its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 30.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 250,524 shares of the closed-end fund’s stock after selling 111,491 shares during the quarter. Adams Diversified Equity Fund makes up about 3.9% of Priebe Wealth Holdings LLC’s investment portfolio, making the stock its 5th largest position. Priebe Wealth Holdings LLC owned approximately 0.20% of Adams Diversified Equity Fund worth $5,401,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sage Capital Advisors llc grew its stake in Adams Diversified Equity Fund by 3.6% in the third quarter. Sage Capital Advisors llc now owns 25,402 shares of the closed-end fund’s stock valued at $548,000 after acquiring an additional 885 shares during the period. Massmutual Trust Co. FSB ADV grew its stake in Adams Diversified Equity Fund by 2.1% in the third quarter. Massmutual Trust Co. FSB ADV now owns 46,965 shares of the closed-end fund’s stock valued at $1,013,000 after acquiring an additional 950 shares during the period. Sanctuary Advisors LLC acquired a new position in Adams Diversified Equity Fund in the second quarter valued at about $2,336,000. Cetera Investment Advisers grew its stake in Adams Diversified Equity Fund by 1.5% in the second quarter. Cetera Investment Advisers now owns 139,315 shares of the closed-end fund’s stock valued at $2,994,000 after acquiring an additional 2,064 shares during the period. Finally, Sunbelt Securities Inc. grew its stake in Adams Diversified Equity Fund by 23,200.0% in the second quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund’s stock valued at $55,000 after acquiring an additional 2,552 shares during the period. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Trading Up 0.8 %

ADX opened at $21.78 on Friday. Adams Diversified Equity Fund, Inc. has a 52-week low of $15.81 and a 52-week high of $22.49. The business’s 50-day simple moving average is $21.07 and its 200 day simple moving average is $20.65.

Adams Diversified Equity Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Monday, August 5th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 8.08%. The ex-dividend date of this dividend was Monday, August 5th.

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.