Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Bought by Sage Capital Advisors llc

Sage Capital Advisors llc lifted its holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 3.6% in the third quarter, HoldingsChannel reports. The firm owned 25,402 shares of the closed-end fund’s stock after buying an additional 885 shares during the quarter. Sage Capital Advisors llc’s holdings in Adams Diversified Equity Fund were worth $548,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Creative Planning increased its position in shares of Adams Diversified Equity Fund by 5.0% during the second quarter. Creative Planning now owns 13,307 shares of the closed-end fund’s stock worth $286,000 after acquiring an additional 633 shares during the period. Capital Market Strategies LLC increased its holdings in Adams Diversified Equity Fund by 3.3% during the 2nd quarter. Capital Market Strategies LLC now owns 24,248 shares of the closed-end fund’s stock worth $521,000 after purchasing an additional 767 shares during the period. Massmutual Trust Co. FSB ADV increased its holdings in Adams Diversified Equity Fund by 2.1% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 46,965 shares of the closed-end fund’s stock worth $1,013,000 after purchasing an additional 950 shares during the period. Commonwealth Equity Services LLC raised its position in Adams Diversified Equity Fund by 1.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 77,240 shares of the closed-end fund’s stock valued at $1,660,000 after purchasing an additional 1,045 shares in the last quarter. Finally, Harbour Investments Inc. boosted its stake in shares of Adams Diversified Equity Fund by 7.1% in the 2nd quarter. Harbour Investments Inc. now owns 19,529 shares of the closed-end fund’s stock valued at $420,000 after buying an additional 1,295 shares during the period. 28.41% of the stock is currently owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Performance

ADX stock opened at $21.42 on Wednesday. The company’s 50 day moving average price is $21.05 and its 200 day moving average price is $20.61. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $15.81 and a fifty-two week high of $22.49.

Adams Diversified Equity Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Monday, August 5th were given a dividend of $0.44 per share. The ex-dividend date of this dividend was Monday, August 5th. This represents a $1.76 annualized dividend and a dividend yield of 8.22%.

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.