Adams Diversified Equity Fund, Inc. (NYSE:ADX) VP Douglas Cotton Swindell sold 2,494 shares of Adams Diversified Equity Fund stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $15.46, for a total value of $38,557.24. Following the completion of the transaction, the vice president now owns 3,814 shares of the company’s stock, valued at approximately $58,964.44. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of Adams Diversified Equity Fund, Inc. (ADX) traded down 0.32% during trading on Thursday, hitting $15.40. The stock had a trading volume of 47,065 shares. The firm’s 50-day moving average is $15.10 and its 200 day moving average is $14.51. Adams Diversified Equity Fund, Inc. has a 52-week low of $12.33 and a 52-week high of $15.49. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of 5.45 and a beta of 1.08.

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Hedge funds have recently bought and sold shares of the company. TCI Wealth Advisors Inc. grew its position in Adams Diversified Equity Fund by 0.3% in the second quarter. TCI Wealth Advisors Inc. now owns 7,446 shares of the closed-end fund’s stock worth $106,000 after acquiring an additional 25 shares during the period. IFP Advisors Inc grew its position in Adams Diversified Equity Fund by 0.7% in the second quarter. IFP Advisors Inc now owns 47,402 shares of the closed-end fund’s stock worth $677,000 after acquiring an additional 338 shares during the period. Stifel Financial Corp grew its position in Adams Diversified Equity Fund by 1.9% in the second quarter. Stifel Financial Corp now owns 98,139 shares of the closed-end fund’s stock worth $1,392,000 after acquiring an additional 1,837 shares during the period. MML Investors Services LLC grew its position in Adams Diversified Equity Fund by 2.4% in the second quarter. MML Investors Services LLC now owns 96,972 shares of the closed-end fund’s stock worth $1,386,000 after acquiring an additional 2,269 shares during the period. Finally, Bank of Nova Scotia grew its position in Adams Diversified Equity Fund by 2.7% in the second quarter. Bank of Nova Scotia now owns 127,625 shares of the closed-end fund’s stock worth $1,824,000 after acquiring an additional 3,376 shares during the period. Institutional investors and hedge funds own 19.42% of the company’s stock.

About Adams Diversified Equity Fund

Adams Diversified Equity Fund, Inc (the Fund) is a diversified, closed-end equity investment company. The Fund’s investment objectives are preservation of capital, the attainment of reasonable income from investments and an opportunity for capital appreciation. Its portfolio includes investments in consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, telecommunication services and utilities.

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