Creative Planning lifted its stake in shares of Adams Diversified Equity Fund Inc (NYSE:ADX) by 21.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,604 shares of the closed-end fund’s stock after acquiring an additional 5,528 shares during the period. Creative Planning’s holdings in Adams Diversified Equity Fund were worth $475,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Advisor Group Inc. raised its holdings in Adams Diversified Equity Fund by 130.9% in the third quarter. Advisor Group Inc. now owns 9,171 shares of the closed-end fund’s stock valued at $140,000 after buying an additional 5,199 shares during the period. Stevens First Principles Investment Advisors purchased a new position in Adams Diversified Equity Fund in the third quarter valued at approximately $158,000. First Midwest Bank Trust Division purchased a new position in Adams Diversified Equity Fund in the third quarter valued at approximately $237,000. Susquehanna International Group LLP purchased a new position in Adams Diversified Equity Fund in the third quarter valued at approximately $256,000. Finally, WFG Advisors LP purchased a new position in Adams Diversified Equity Fund in the second quarter valued at approximately $448,000. Hedge funds and other institutional investors own 19.10% of the company’s stock.

Adams Diversified Equity Fund Inc (ADX) opened at $15.88 on Friday. Adams Diversified Equity Fund Inc has a 1-year low of $13.13 and a 1-year high of $16.11.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Friday, February 16th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $0.20 annualized dividend and a yield of 1.26%.

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Adams Diversified Equity Fund Profile

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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Institutional Ownership by Quarter for Adams Diversified Equity Fund (NYSE:ADX)

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