Wealthcare Advisory Partners LLC Has $1.11 Million Position in Adams Natural Resources Fund, Inc. (NYSE:PEO)

Wealthcare Advisory Partners LLC lifted its holdings in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) by 13.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 53,709 shares of the financial services provider’s stock after purchasing an additional 6,471 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Adams Natural Resources Fund were worth $1,108,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in PEO. Zazove Associates LLC bought a new position in Adams Natural Resources Fund during the 4th quarter valued at about $37,000. Venturi Wealth Management LLC grew its position in shares of Adams Natural Resources Fund by 199.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,499 shares of the financial services provider’s stock worth $52,000 after buying an additional 1,665 shares during the period. Blue Bell Private Wealth Management LLC lifted its stake in shares of Adams Natural Resources Fund by 13.5% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 14,515 shares of the financial services provider’s stock valued at $336,000 after purchasing an additional 1,731 shares during the period. Alta Capital Management LLC bought a new stake in shares of Adams Natural Resources Fund in the 4th quarter valued at about $413,000. Finally, Kovack Advisors Inc. boosted its stake in Adams Natural Resources Fund by 5.2% during the 4th quarter. Kovack Advisors Inc. now owns 24,082 shares of the financial services provider’s stock worth $497,000 after acquiring an additional 1,191 shares during the last quarter. Institutional investors and hedge funds own 33.54% of the company’s stock.

Adams Natural Resources Fund Stock Performance

Shares of NYSE PEO opened at $23.20 on Wednesday. Adams Natural Resources Fund, Inc. has a 52-week low of $19.22 and a 52-week high of $24.25. The firm has a 50 day moving average price of $22.92 and a 200 day moving average price of $21.57.

Adams Natural Resources Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.72%. The ex-dividend date is Thursday, May 16th.

Adams Natural Resources Fund Profile

Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.