Adams Natural Resources Fund, Inc. (NYSE:PEO) VP Acquires $24,674.20 in Stock

Adams Natural Resources Fund, Inc. (NYSE:PEO) VP Gregory W. Buckley purchased 1,070 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The shares were bought at an average cost of $23.06 per share, for a total transaction of $24,674.20. Following the completion of the purchase, the vice president now directly owns 14,053 shares of the company’s stock, valued at $324,062.18. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Adams Natural Resources Fund Stock Down 0.0 %

NYSE:PEO opened at $23.07 on Friday. The stock’s fifty day moving average price is $22.83 and its two-hundred day moving average price is $21.57. Adams Natural Resources Fund, Inc. has a 52-week low of $19.22 and a 52-week high of $24.25.

Adams Natural Resources Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $0.40 dividend on an annualized basis and a yield of 1.73%.

Institutional Investors Weigh In On Adams Natural Resources Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC boosted its position in shares of Adams Natural Resources Fund by 1.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 47,862 shares of the financial services provider’s stock worth $1,107,000 after purchasing an additional 714 shares during the last quarter. Raymond James & Associates grew its position in shares of Adams Natural Resources Fund by 6.7% during the 3rd quarter. Raymond James & Associates now owns 183,917 shares of the financial services provider’s stock worth $4,252,000 after buying an additional 11,552 shares during the period. Blue Bell Private Wealth Management LLC increased 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 acquiring an additional 1,731 shares during the last quarter. Whitener Capital Management Inc. increased its stake in shares of Adams Natural Resources Fund by 2.2% in the 3rd quarter. Whitener Capital Management Inc. now owns 69,034 shares of the financial services provider’s stock valued at $1,596,000 after acquiring an additional 1,507 shares during the last quarter. Finally, FCA Corp TX raised its position in shares of Adams Natural Resources Fund by 3.7% in the 3rd quarter. FCA Corp TX now owns 97,982 shares of the financial services provider’s stock valued at $2,265,000 after acquiring an additional 3,464 shares during the period. 33.54% of the stock is owned by institutional investors.

About Adams Natural Resources Fund

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.