Adams Natural Resources Fund, Inc. (NYSE:PEO) VP Buys $33,785.00 in Stock

Adams Natural Resources Fund, Inc. (NYSE:PEO) VP Gregory W. Buckley bought 1,450 shares of Adams Natural Resources Fund stock in a transaction dated Wednesday, January 22nd. The shares were acquired at an average price of $23.30 per share, with a total value of $33,785.00. Following the completion of the purchase, the vice president now directly owns 17,604 shares in the company, valued at $410,173.20. This trade represents a 8.98 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Adams Natural Resources Fund Stock Up 0.3 %

Shares of Adams Natural Resources Fund stock opened at $23.15 on Friday. Adams Natural Resources Fund, Inc. has a 1 year low of $20.21 and a 1 year high of $24.79. The business has a fifty day simple moving average of $22.71 and a two-hundred day simple moving average of $23.19.

Adams Natural Resources Fund Increases Dividend

The business also recently announced a — dividend, which will be paid on Wednesday, February 26th. Investors of record on Monday, January 27th will be issued a dividend of $0.53 per share. This is an increase from Adams Natural Resources Fund’s previous — dividend of $0.16. The ex-dividend date of this dividend is Monday, January 27th. This represents a dividend yield of 5.3%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. City State Bank bought a new stake in shares of Adams Natural Resources Fund during the fourth quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Adams Natural Resources Fund by 241.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,230 shares of the financial services provider’s stock worth $76,000 after purchasing an additional 2,283 shares during the last quarter. Priebe Wealth Holdings LLC bought a new stake in Adams Natural Resources Fund in the 4th quarter valued at $317,000. RFG Advisory LLC acquired a new position in Adams Natural Resources Fund in the 4th quarter valued at $326,000. Finally, Advisors Asset Management Inc. bought a new position in Adams Natural Resources Fund during the 3rd quarter worth $360,000. Institutional investors and hedge funds own 33.54% of the company’s stock.

About Adams Natural Resources Fund

Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.