Blue Bell Private Wealth Management LLC Sells 83,449 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Blue Bell Private Wealth Management LLC lessened its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 6.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,162,418 shares of the closed-end fund’s stock after selling 83,449 shares during the quarter. Adams Diversified Equity Fund makes up about 5.2% of Blue Bell Private Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Blue Bell Private Wealth Management LLC owned about 0.94% of Adams Diversified Equity Fund worth $24,980,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Rothschild Investment LLC acquired a new stake in shares of Adams Diversified Equity Fund in the second quarter valued at about $45,000. Scarborough Advisors LLC acquired a new position in shares of Adams Diversified Equity Fund during the 4th quarter worth approximately $50,000. Tradewinds Capital Management LLC bought a new stake in shares of Adams Diversified Equity Fund during the 1st quarter worth approximately $173,000. Great Valley Advisor Group Inc. acquired a new stake in shares of Adams Diversified Equity Fund in the 2nd quarter valued at approximately $206,000. Finally, Cullen Investment Group LTD. acquired a new stake in shares of Adams Diversified Equity Fund in the 1st quarter valued at approximately $194,000. Institutional investors and hedge funds own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

ADX opened at $20.84 on Friday. The stock’s fifty day simple moving average is $21.32 and its 200 day simple moving average is $20.27. Adams Diversified Equity Fund, Inc. has a 1-year low of $15.81 and a 1-year high of $22.49.

Adams Diversified Equity Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Monday, August 5th were paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 8.45%. The ex-dividend date of this dividend was Monday, August 5th.

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.