Capital Market Strategies LLC Sells 505 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Capital Market Strategies LLC lessened its holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 2.1% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,743 shares of the closed-end fund’s stock after selling 505 shares during the quarter. Capital Market Strategies LLC’s holdings in Adams Diversified Equity Fund were worth $512,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Creative Planning grew its position in shares of Adams Diversified Equity Fund by 5.0% during the 2nd quarter. Creative Planning now owns 13,307 shares of the closed-end fund’s stock worth $286,000 after buying an additional 633 shares in the last quarter. Massmutual Trust Co. FSB ADV boosted its position in Adams Diversified Equity Fund by 2.1% during the third quarter. Massmutual Trust Co. FSB ADV now owns 46,965 shares of the closed-end fund’s stock valued at $1,013,000 after purchasing an additional 950 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in Adams Diversified Equity Fund by 1.4% during the second 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. Harbour Investments Inc. boosted its position in Adams Diversified Equity Fund by 7.1% during the second quarter. Harbour Investments Inc. now owns 19,529 shares of the closed-end fund’s stock valued at $420,000 after purchasing an additional 1,295 shares in the last quarter. Finally, Sage Capital Advisors llc boosted its position in Adams Diversified Equity Fund by 7.3% during the second quarter. Sage Capital Advisors llc now owns 24,517 shares of the closed-end fund’s stock valued at $527,000 after purchasing an additional 1,671 shares in the last quarter. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Down 0.9 %

Shares of ADX stock opened at $21.18 on Friday. Adams Diversified Equity Fund, Inc. has a 1-year low of $15.81 and a 1-year high of $22.49. The stock’s 50-day moving average is $21.04 and its 200 day moving average is $20.56.

Adams Diversified Equity Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Monday, August 5th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 8.31%. The ex-dividend date 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.