Capital Market Strategies LLC Sells 1,020 Shares of Adams Diversified Equity Fund, Inc. $ADX

Capital Market Strategies LLC lessened its stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 4.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,110 shares of the closed-end fund’s stock after selling 1,020 shares during the quarter. Capital Market Strategies LLC’s holdings in Adams Diversified Equity Fund were worth $437,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. WPG Advisers LLC acquired a new position in shares of Adams Diversified Equity Fund during the first quarter worth about $43,000. UMB Bank n.a. bought a new position in Adams Diversified Equity Fund during the first quarter worth $46,000. CWM LLC increased its holdings in shares of Adams Diversified Equity Fund by 52.5% in the first quarter. CWM LLC now owns 2,418 shares of the closed-end fund’s stock valued at $46,000 after purchasing an additional 832 shares during the last quarter. Elequin Capital LP acquired a new position in shares of Adams Diversified Equity Fund in the fourth quarter valued at $53,000. Finally, MorganRosel Wealth Management LLC acquired a new stake in Adams Diversified Equity Fund during the 1st quarter worth approximately $100,000. 28.41% of the stock is owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Price Performance

NYSE:ADX opened at $22.11 on Friday. The stock has a 50 day simple moving average of $21.74 and a 200 day simple moving average of $20.37. Adams Diversified Equity Fund, Inc. has a 1-year low of $16.50 and a 1-year high of $22.63.

Adams Diversified Equity Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, July 28th were issued a $0.46 dividend. The ex-dividend date of this dividend was Monday, July 28th. This represents a $1.84 annualized dividend and a yield of 8.3%.

About Adams Diversified Equity Fund

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.