Roberts Glore & Co. Inc. IL Purchases 9,288 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Roberts Glore & Co. Inc. IL lifted its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 10.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 97,205 shares of the closed-end fund’s stock after buying an additional 9,288 shares during the period. Roberts Glore & Co. Inc. IL owned about 0.08% of Adams Diversified Equity Fund worth $1,964,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. World Investment Advisors LLC bought a new position in shares of Adams Diversified Equity Fund in the third quarter worth approximately $34,599,000. Raymond James Financial Inc. bought a new position in shares of Adams Diversified Equity Fund in the fourth quarter worth approximately $20,836,000. Blue Bell Private Wealth Management LLC lifted its stake in shares of Adams Diversified Equity Fund by 4.9% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 936,489 shares of the closed-end fund’s stock worth $18,917,000 after buying an additional 43,340 shares in the last quarter. Bensler LLC lifted its stake in shares of Adams Diversified Equity Fund by 19.5% in the fourth quarter. Bensler LLC now owns 697,217 shares of the closed-end fund’s stock worth $14,084,000 after buying an additional 113,940 shares in the last quarter. Finally, Landscape Capital Management L.L.C. lifted its position in Adams Diversified Equity Fund by 2,789.5% during the third quarter. Landscape Capital Management L.L.C. now owns 413,023 shares of the closed-end fund’s stock valued at $8,905,000 after purchasing an additional 398,729 shares during the period. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

Shares of Adams Diversified Equity Fund stock opened at $19.41 on Friday. The company’s 50 day moving average is $20.47 and its 200 day moving average is $21.00. Adams Diversified Equity Fund, Inc. has a twelve month low of $18.36 and a twelve month high of $22.63.

Adams Diversified Equity Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, January 27th were issued a dividend of $0.47 per share. The ex-dividend date was Monday, January 27th. This represents a $1.88 dividend on an annualized basis and a yield of 9.68%.

About Adams Diversified Equity Fund

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.