110,161 Shares in Adams Diversified Equity Fund, Inc. (NYSE:ADX) Bought by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp purchased a new stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 110,161 shares of the closed-end fund’s stock, valued at approximately $2,225,000. Consolidated Portfolio Review Corp owned about 0.09% of Adams Diversified Equity Fund at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Farther Finance Advisors LLC purchased a new stake in shares of Adams Diversified Equity Fund in the third quarter valued at about $30,000. LRI Investments LLC purchased a new position in shares of Adams Diversified Equity Fund in the 3rd quarter worth approximately $62,000. Geneos Wealth Management Inc. grew its holdings in shares of Adams Diversified Equity Fund by 45.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,298 shares of the closed-end fund’s stock valued at $67,000 after acquiring an additional 1,029 shares in the last quarter. Founders Capital Management LLC lifted its holdings in Adams Diversified Equity Fund by 8.8% during the fourth quarter. Founders Capital Management LLC now owns 11,116 shares of the closed-end fund’s stock worth $225,000 after acquiring an additional 903 shares during the period. Finally, Kingswood Wealth Advisors LLC bought a new stake in Adams Diversified Equity Fund during the fourth quarter worth $230,000. 28.41% of the stock is currently owned by institutional investors.

Adams Diversified Equity Fund Stock Performance

NYSE ADX opened at $20.71 on Friday. Adams Diversified Equity Fund, Inc. has a 52-week low of $18.33 and a 52-week high of $22.63. The company has a 50-day simple moving average of $20.57 and a 200 day simple moving average of $21.10.

Adams Diversified Equity Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Monday, January 27th will be issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 9.08%. The ex-dividend date is Monday, January 27th.

Adams Diversified Equity Fund Company 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.