Koshinski Asset Management Inc. Has $1.27 Million Position in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Koshinski Asset Management Inc. increased its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 4.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,984 shares of the closed-end fund’s stock after acquiring an additional 2,545 shares during the period. Koshinski Asset Management Inc.’s holdings in Adams Diversified Equity Fund were worth $1,272,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Rothschild Investment LLC bought a new stake in Adams Diversified Equity Fund during the second quarter worth $45,000. Sunbelt Securities Inc. lifted its position in shares of Adams Diversified Equity Fund by 23,200.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund’s stock worth $55,000 after buying an additional 2,552 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in Adams Diversified Equity Fund in the fourth quarter valued at about $50,000. Tradewinds Capital Management LLC bought a new position in Adams Diversified Equity Fund in the first quarter valued at about $173,000. Finally, Great Valley Advisor Group Inc. acquired a new position in Adams Diversified Equity Fund during the second quarter worth about $206,000. 28.41% of the stock is owned by institutional investors.

Adams Diversified Equity Fund Price Performance

ADX stock opened at $21.74 on Monday. The firm has a 50-day moving average price of $21.07 and a 200-day moving average price of $20.67. Adams Diversified Equity Fund, Inc. has a 12 month low of $15.81 and a 12 month high of $22.49.

Adams Diversified Equity Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Monday, August 5th were given a $0.44 dividend. The ex-dividend date was Monday, August 5th. This represents a $1.76 dividend on an annualized basis and a yield of 8.10%.

Adams Diversified Equity Fund 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.