Creative Financial Designs Inc. ADV Increases Stock Position in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Creative Financial Designs Inc. ADV increased its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADXFree Report) by 517.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,107 shares of the closed-end fund’s stock after buying an additional 2,604 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Adams Diversified Equity Fund were worth $55,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. SkyView Investment Advisors LLC purchased a new stake in Adams Diversified Equity Fund during the second quarter worth $68,000. Comerica Bank purchased a new stake in Adams Diversified Equity Fund during the third quarter worth $77,000. Steward Partners Investment Advisory LLC purchased a new stake in Adams Diversified Equity Fund during the first quarter worth $84,000. Lido Advisors LLC purchased a new stake in Adams Diversified Equity Fund during the first quarter worth $157,000. Finally, Bluefin Capital Management LLC purchased a new stake in Adams Diversified Equity Fund during the first quarter worth $180,000. 20.83% of the stock is owned by hedge funds and other institutional investors.

Adams Diversified Equity Fund Stock Up 0.2 %

ADX opened at $19.50 on Friday. Adams Diversified Equity Fund, Inc. has a 52-week low of $14.90 and a 52-week high of $19.57. The firm’s fifty day simple moving average is $18.70 and its two-hundred day simple moving average is $17.63.

Adams Diversified Equity Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 9th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.03%. The ex-dividend date was Thursday, February 8th.

Adams Diversified Equity Fund Company Profile

(Free Report)

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.

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

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