Raymond James & Associates Has $3.40 Million Holdings in Adams Natural Resources Fund, Inc. (NYSE:PEO)

Raymond James & Associates grew its holdings in Adams Natural Resources Fund, Inc. (NYSE:PEOGet Rating) by 0.7% during the 3rd quarter, Holdings Channel reports. The firm owned 174,494 shares of the financial services provider’s stock after purchasing an additional 1,129 shares during the period. Raymond James & Associates’ holdings in Adams Natural Resources Fund were worth $3,396,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Creative Financial Designs Inc. ADV boosted its stake in Adams Natural Resources Fund by 27.8% in the second quarter. Creative Financial Designs Inc. ADV now owns 2,300 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 500 shares during the last quarter. Castle Wealth Management LLC acquired a new position in shares of Adams Natural Resources Fund in the 2nd quarter valued at $66,000. JFS Wealth Advisors LLC boosted its position in shares of Adams Natural Resources Fund by 35.6% in the 3rd quarter. JFS Wealth Advisors LLC now owns 8,504 shares of the financial services provider’s stock worth $165,000 after purchasing an additional 2,232 shares during the last quarter. CWM LLC grew its stake in shares of Adams Natural Resources Fund by 312.6% during the second quarter. CWM LLC now owns 9,239 shares of the financial services provider’s stock worth $180,000 after purchasing an additional 7,000 shares during the period. Finally, Blue Bell Private Wealth Management LLC increased its holdings in Adams Natural Resources Fund by 32.7% in the second quarter. Blue Bell Private Wealth Management LLC now owns 9,714 shares of the financial services provider’s stock valued at $189,000 after purchasing an additional 2,394 shares during the last quarter. Institutional investors and hedge funds own 31.69% of the company’s stock.

Adams Natural Resources Fund Price Performance

NYSE:PEO opened at $22.31 on Friday. Adams Natural Resources Fund, Inc. has a 1-year low of $17.22 and a 1-year high of $24.61. The business’s 50-day moving average price is $22.13 and its two-hundred day moving average price is $21.49.

Adams Natural Resources Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 16th. Investors of record on Monday, November 21st were given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 12.19%. This is an increase from Adams Natural Resources Fund’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, November 18th.

About Adams Natural Resources Fund

(Get Rating)

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.

Featured Stories

Want to see what other hedge funds are holding PEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Adams Natural Resources Fund, Inc. (NYSE:PEOGet Rating).

Institutional Ownership by Quarter for Adams Natural Resources Fund (NYSE:PEO)

Receive News & Ratings for Adams Natural Resources Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adams Natural Resources Fund and related companies with MarketBeat.com's FREE daily email newsletter.