Allspring Global Investments Holdings LLC Has $19.33 Million Stock Position in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Allspring Global Investments Holdings LLC reduced its stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 28.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 896,693 shares of the closed-end fund’s stock after selling 353,246 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Adams Diversified Equity Fund were worth $19,333,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ADX. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Adams Diversified Equity Fund by 2.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 407,538 shares of the closed-end fund’s stock worth $7,955,000 after acquiring an additional 10,390 shares during the period. Hennion & Walsh Asset Management Inc. lifted its stake in shares of Adams Diversified Equity Fund by 42.6% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 102,833 shares of the closed-end fund’s stock worth $2,007,000 after acquiring an additional 30,707 shares during the period. Tradewinds Capital Management LLC acquired a new position in Adams Diversified Equity Fund in the first quarter valued at approximately $173,000. Turtle Creek Wealth Advisors LLC lifted its stake in Adams Diversified Equity Fund by 261.4% in the first quarter. Turtle Creek Wealth Advisors LLC now owns 22,901 shares of the closed-end fund’s stock valued at $447,000 after buying an additional 16,564 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its stake in Adams Diversified Equity Fund by 71.8% in the first quarter. Concurrent Investment Advisors LLC now owns 24,142 shares of the closed-end fund’s stock valued at $471,000 after buying an additional 10,087 shares during the period. 28.41% of the stock is owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Price Performance

Shares of ADX opened at $21.66 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 moving average price is $21.31 and its two-hundred day moving average price is $20.80.

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.