Concurrent Investment Advisors LLC Raises Stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Concurrent Investment Advisors LLC boosted its holdings in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 353.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 144,314 shares of the closed-end fund’s stock after purchasing an additional 112,482 shares during the period. Concurrent Investment Advisors LLC’s holdings in Adams Diversified Equity Fund were worth $2,915,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. World Investment Advisors LLC purchased a new stake in shares of Adams Diversified Equity Fund in the third quarter valued at about $34,599,000. Landscape Capital Management L.L.C. lifted its stake in shares of Adams Diversified Equity Fund by 2,789.5% in the third quarter. Landscape Capital Management L.L.C. now owns 413,023 shares of the closed-end fund’s stock valued at $8,905,000 after purchasing an additional 398,729 shares during the period. Shaker Financial Services LLC acquired a new stake in shares of Adams Diversified Equity Fund in the third quarter valued at about $4,446,000. Bensler LLC lifted its stake in shares of Adams Diversified Equity Fund by 19.5% in the fourth quarter. Bensler LLC now owns 697,217 shares of the closed-end fund’s stock valued at $14,084,000 after purchasing an additional 113,940 shares during the period. Finally, Consolidated Portfolio Review Corp acquired a new stake in shares of Adams Diversified Equity Fund in the fourth quarter valued at about $2,225,000. 28.41% of the stock is owned by hedge funds and other institutional investors.

Adams Diversified Equity Fund Trading Down 1.8 %

Shares of NYSE ADX opened at $20.45 on Friday. Adams Diversified Equity Fund, Inc. has a 52 week low of $18.36 and a 52 week high of $22.63. The firm has a 50-day moving average price of $20.60 and a 200 day moving average price of $21.05.

Adams Diversified Equity Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Monday, January 27th will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 9.19%. The ex-dividend date is Monday, January 27th.

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.