FCA Corp TX Buys 9,545 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

FCA Corp TX grew its stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 5.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 181,158 shares of the closed-end fund’s stock after buying an additional 9,545 shares during the quarter. FCA Corp TX owned approximately 0.15% of Adams Diversified Equity Fund worth $3,659,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. LPL Financial LLC grew its stake in shares of Adams Diversified Equity Fund by 14.4% during the fourth quarter. LPL Financial LLC now owns 140,955 shares of the closed-end fund’s stock worth $2,847,000 after buying an additional 17,743 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of Adams Diversified Equity Fund by 39.8% in the fourth quarter. Advisors Asset Management Inc. now owns 266,295 shares of the closed-end fund’s stock worth $5,379,000 after purchasing an additional 75,758 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Adams Diversified Equity Fund by 125.2% in the fourth quarter. Corient Private Wealth LLC now owns 55,330 shares of the closed-end fund’s stock worth $1,118,000 after purchasing an additional 30,763 shares during the last quarter. Roberts Glore & Co. Inc. IL grew its stake in shares of Adams Diversified Equity Fund by 10.6% in the fourth quarter. Roberts Glore & Co. Inc. IL now owns 97,205 shares of the closed-end fund’s stock worth $1,964,000 after purchasing an additional 9,288 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC grew its stake in shares of Adams Diversified Equity Fund by 4.9% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 936,489 shares of the closed-end fund’s stock worth $18,917,000 after purchasing an additional 43,340 shares during the last quarter. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Price Performance

Shares of Adams Diversified Equity Fund stock opened at $19.11 on Friday. Adams Diversified Equity Fund, Inc. has a twelve month low of $18.36 and a twelve month high of $22.63. The company’s fifty day moving average is $20.19 and its 200 day moving average is $20.84.

Adams Diversified Equity Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Monday, January 27th were paid a $0.47 dividend. The ex-dividend date was Monday, January 27th. This represents a $1.88 annualized dividend and a dividend yield of 9.84%.

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.