Nations Financial Group Inc. IA ADV Reduces Stock Position in Adams Natural Resources Fund, Inc. (NYSE:PEO)

Nations Financial Group Inc. IA ADV trimmed its holdings in Adams Natural Resources Fund, Inc. (NYSE:PEO) by 3.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,107 shares of the financial services provider’s stock after selling 2,000 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Adams Natural Resources Fund were worth $1,326,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of PEO. Adams Diversified Equity Fund Inc. boosted its position in shares of Adams Natural Resources Fund by 2.4% in the third quarter. Adams Diversified Equity Fund Inc. now owns 2,238,679 shares of the financial services provider’s stock valued at $51,982,000 after acquiring an additional 51,905 shares during the period. Raymond James & Associates boosted its holdings in Adams Natural Resources Fund by 3.7% in the 3rd quarter. Raymond James & Associates now owns 216,439 shares of the financial services provider’s stock valued at $5,026,000 after purchasing an additional 7,727 shares during the period. Whitener Capital Management Inc. grew its position in shares of Adams Natural Resources Fund by 0.7% during the 3rd quarter. Whitener Capital Management Inc. now owns 74,478 shares of the financial services provider’s stock valued at $1,729,000 after purchasing an additional 531 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in shares of Adams Natural Resources Fund by 25.6% in the second quarter. Blue Bell Private Wealth Management LLC now owns 51,918 shares of the financial services provider’s stock worth $1,226,000 after purchasing an additional 10,593 shares during the period. Finally, Cullen Investment Group LTD. increased its holdings in shares of Adams Natural Resources Fund by 2.1% in the third quarter. Cullen Investment Group LTD. now owns 28,240 shares of the financial services provider’s stock worth $656,000 after purchasing an additional 580 shares during the period. Institutional investors own 33.54% of the company’s stock.

Adams Natural Resources Fund Price Performance

NYSE:PEO opened at $24.32 on Wednesday. The stock has a fifty day moving average of $23.46 and a 200 day moving average of $23.36. Adams Natural Resources Fund, Inc. has a 52-week low of $19.78 and a 52-week high of $24.51.

Insider Buying and Selling at Adams Natural Resources Fund

In related news, major shareholder Saba Capital Management, L.P. bought 13,785 shares of the company’s stock in a transaction dated Wednesday, September 4th. The stock was purchased at an average cost of $22.76 per share, with a total value of $313,746.60. Following the transaction, the insider now owns 2,853,687 shares in the company, valued at approximately $64,949,916.12. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last ninety days, insiders have purchased 53,103 shares of company stock valued at $1,204,624. 0.06% of the stock is currently owned by company insiders.

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.