Stifel Financial Corp Buys 28,290 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Stifel Financial Corp lifted its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 12.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 259,667 shares of the closed-end fund’s stock after acquiring an additional 28,290 shares during the quarter. Stifel Financial Corp’s holdings in Adams Diversified Equity Fund were worth $5,245,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ADX. Generation Capital Management LLC purchased a new stake in shares of Adams Diversified Equity Fund during the fourth quarter valued at approximately $994,000. Global Endowment Management LP grew its stake in Adams Diversified Equity Fund by 9.5% in the 4th quarter. Global Endowment Management LP now owns 75,943 shares of the closed-end fund’s stock valued at $1,534,000 after purchasing an additional 6,560 shares during the period. MSH Capital Advisors LLC purchased a new stake in shares of Adams Diversified Equity Fund during the 4th quarter valued at $271,000. 1607 Capital Partners LLC raised its stake in shares of Adams Diversified Equity Fund by 26.3% during the 4th quarter. 1607 Capital Partners LLC now owns 746,861 shares of the closed-end fund’s stock worth $15,087,000 after purchasing an additional 155,295 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of Adams Diversified Equity Fund by 71.6% in the 4th quarter. NewEdge Advisors LLC now owns 34,835 shares of the closed-end fund’s stock worth $704,000 after buying an additional 14,535 shares during the last quarter. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

NYSE ADX opened at $18.82 on Thursday. Adams Diversified Equity Fund, Inc. has a 52-week low of $16.50 and a 52-week high of $22.63. The company has a 50-day simple moving average of $18.85 and a 200 day simple moving average of $20.28.

Adams Diversified Equity Fund Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Investors of record on Tuesday, April 29th will be paid a $0.46 dividend. The ex-dividend date is Monday, April 28th. This represents a yield of 10.16%.

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.