Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Purchases $25,051.95 in Stock

Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Jane Musser Nelson bought 1,155 shares of the stock in a transaction dated Thursday, October 31st. The stock was purchased at an average price of $21.69 per share, with a total value of $25,051.95. Following the acquisition, the director now owns 4,982 shares of the company’s stock, valued at $108,059.58. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Adams Diversified Equity Fund Stock Performance

Adams Diversified Equity Fund stock traded down $0.27 during mid-day trading on Thursday, reaching $21.69. 237,381 shares of the company’s stock were exchanged, compared to its average volume of 192,020. The business’s fifty day simple moving average is $21.38 and its 200 day simple moving average is $20.89. Adams Diversified Equity Fund, Inc. has a one year low of $16.06 and a one year high of $22.49.

Hedge Funds Weigh In On Adams Diversified Equity Fund

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

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.