206,202 Shares in Adams Diversified Equity Fund, Inc. (NYSE:ADX) Bought by Shaker Financial Services LLC

Shaker Financial Services LLC acquired a new position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 206,202 shares of the closed-end fund’s stock, valued at approximately $4,446,000. Adams Diversified Equity Fund makes up 1.7% of Shaker Financial Services LLC’s portfolio, making the stock its 17th largest holding. Shaker Financial Services LLC owned about 0.17% of Adams Diversified Equity Fund at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new position in Adams Diversified Equity Fund during the 3rd quarter worth $30,000. Rothschild Investment LLC acquired a new position in shares of Adams Diversified Equity Fund in the 2nd quarter valued at about $45,000. Sunbelt Securities Inc. boosted its holdings in shares of Adams Diversified Equity Fund by 23,200.0% in the 2nd quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund’s stock valued at $55,000 after buying an additional 2,552 shares during the period. Covestor Ltd acquired a new position in shares of Adams Diversified Equity Fund in the 1st quarter valued at about $203,000. Finally, Great Valley Advisor Group Inc. acquired a new position in shares of Adams Diversified Equity Fund in the 2nd quarter valued at about $206,000. 28.41% of the stock is owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Up 2.3 %

NYSE ADX opened at $22.30 on Thursday. Adams Diversified Equity Fund, Inc. has a one year low of $16.47 and a one year high of $22.49. The company has a 50-day simple moving average of $21.44 and a 200-day simple moving average of $21.00.

Insider Activity

In other news, Director Jane Musser Nelson bought 1,155 shares of Adams Diversified Equity Fund stock in a transaction on Thursday, October 31st. The stock was purchased at an average cost of $21.69 per share, with a total value of $25,051.95. Following the purchase, the director now directly owns 4,982 shares of the company’s stock, valued at approximately $108,059.58. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, Director Jane Musser Nelson purchased 1,155 shares of the company’s stock in a transaction on Thursday, October 31st. The shares were bought at an average cost of $21.69 per share, for a total transaction of $25,051.95. Following the transaction, the director now owns 4,982 shares of the company’s stock, valued at $108,059.58. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Frederic A. Escherich sold 4,833 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $21.90, for a total transaction of $105,842.70. Following the sale, the director now owns 59,408 shares in the company, valued at $1,301,035.20. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.11% of the company’s stock.

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.