Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Lauriann C. Kloppenburg acquired 5,300 shares of Adams Diversified Equity Fund stock in a transaction that occurred on Wednesday, October 18th. The stock was acquired at an average cost of $15.50 per share, with a total value of $82,150.00. Following the purchase, the director now directly owns 5,300 shares of the company’s stock, valued at $82,150. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of Adams Diversified Equity Fund, Inc. (ADX) traded up 0.58% during trading on Friday, reaching $15.53. 62,815 shares of the company were exchanged. Adams Diversified Equity Fund, Inc. has a 1-year low of $12.33 and a 1-year high of $15.53. The firm has a 50-day moving average price of $15.12 and a 200-day moving average price of $14.52. The stock has a market capitalization of $1.53 billion, a P/E ratio of 5.49 and a beta of 1.08.

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Institutional investors and hedge funds have recently made changes to their positions in the company. NINE MASTS CAPITAL Ltd acquired a new stake in shares of Adams Diversified Equity Fund in the 2nd quarter valued at $106,000. TCI Wealth Advisors Inc. raised its holdings in shares of Adams Diversified Equity Fund by 0.3% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 7,446 shares of the closed-end fund’s stock valued at $106,000 after purchasing an additional 25 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Adams Diversified Equity Fund in the 2nd quarter valued at $143,000. SG Americas Securities LLC raised its holdings in shares of Adams Diversified Equity Fund by 222.6% in the 2nd quarter. SG Americas Securities LLC now owns 30,361 shares of the closed-end fund’s stock valued at $434,000 after purchasing an additional 20,950 shares in the last quarter. Finally, WFG Advisors LP acquired a new stake in shares of Adams Diversified Equity Fund in the 2nd quarter valued at $448,000. 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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