Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC trimmed its holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 1.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 195,997 shares of the closed-end fund’s stock after selling 1,977 shares during the period. Adams Diversified Equity Fund accounts for about 1.1% of Uncommon Cents Investing LLC’s holdings, making the stock its 23rd biggest holding. Uncommon Cents Investing LLC’s holdings in Adams Diversified Equity Fund were worth $3,471,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of ADX. Creative Financial Designs Inc. ADV raised its position in shares of Adams Diversified Equity Fund by 517.7% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,107 shares of the closed-end fund’s stock valued at $55,000 after buying an additional 2,604 shares during the last quarter. SkyView Investment Advisors LLC acquired a new stake in shares of Adams Diversified Equity Fund in the second quarter valued at about $68,000. Comerica Bank acquired a new stake in shares of Adams Diversified Equity Fund in the third quarter valued at about $77,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Adams Diversified Equity Fund in the first quarter valued at about $84,000. Finally, Lido Advisors LLC acquired a new stake in shares of Adams Diversified Equity Fund in the first quarter valued at about $157,000. 28.41% of the stock is currently owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Trading Up 0.2 %

Shares of NYSE ADX opened at $19.54 on Friday. The firm has a 50-day simple moving average of $18.82 and a 200-day simple moving average of $17.67. Adams Diversified Equity Fund, Inc. has a 52 week low of $15.14 and a 52 week high of $19.57.

Adams Diversified Equity Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 9th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date was Thursday, February 8th.

Adams Diversified Equity Fund 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.