Frederic A. Escherich Sells 4,833 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) Stock

Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Frederic A. Escherich sold 4,833 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $21.90, for a total transaction of $105,842.70. Following the transaction, the director now owns 59,408 shares in the company, valued at approximately $1,301,035.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Adams Diversified Equity Fund Stock Performance

Adams Diversified Equity Fund stock opened at $21.88 on Wednesday. Adams Diversified Equity Fund, Inc. has a 1 year low of $15.91 and a 1 year high of $22.49. The company’s 50-day moving average is $21.36 and its two-hundred day moving average is $20.88.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Lazard Asset Management LLC lifted its position in Adams Diversified Equity Fund by 6.8% during the 1st quarter. Lazard Asset Management LLC now owns 4,401,972 shares of the closed-end fund’s stock valued at $85,926,000 after purchasing an additional 279,285 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in Adams Diversified Equity Fund by 1.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 562,135 shares of the closed-end fund’s stock valued at $12,080,000 after purchasing an additional 10,210 shares during the period. Bensler LLC lifted its position in Adams Diversified Equity Fund by 4.1% during the 2nd quarter. Bensler LLC now owns 534,696 shares of the closed-end fund’s stock valued at $11,491,000 after purchasing an additional 20,929 shares during the period. Raymond James & Associates lifted its position in Adams Diversified Equity Fund by 10.8% during the 2nd quarter. Raymond James & Associates now owns 531,458 shares of the closed-end fund’s stock valued at $11,421,000 after purchasing an additional 51,599 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Adams Diversified Equity Fund by 1.2% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 412,311 shares of the closed-end fund’s stock valued at $8,861,000 after acquiring an additional 4,773 shares during the period. 28.41% of the stock is currently owned by institutional investors and hedge funds.

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.