Bensler LLC Acquires 48,581 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Bensler LLC grew its holdings in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 9.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 583,277 shares of the closed-end fund’s stock after buying an additional 48,581 shares during the quarter. Adams Diversified Equity Fund accounts for about 1.6% of Bensler LLC’s investment portfolio, making the stock its 18th biggest position. Bensler LLC owned 0.47% of Adams Diversified Equity Fund worth $12,575,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Lazard Asset Management LLC boosted its position in Adams Diversified Equity Fund by 6.8% during the 1st quarter. Lazard Asset Management LLC now owns 4,401,972 shares of the closed-end fund’s stock valued at $85,926,000 after acquiring an additional 279,285 shares in the last quarter. Shaker Financial Services LLC bought a new stake in Adams Diversified Equity Fund during the 3rd quarter valued at $4,446,000. Cetera Investment Advisers bought a new stake in Adams Diversified Equity Fund during the 1st quarter valued at $2,679,000. Sanctuary Advisors LLC bought a new stake in Adams Diversified Equity Fund during the 2nd quarter valued at $2,336,000. Finally, Thrivent Financial for Lutherans bought a new stake in Adams Diversified Equity Fund during the 2nd quarter valued at $2,133,000. Institutional investors own 28.41% of the company’s stock.

Insider Activity

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

Adams Diversified Equity Fund Stock Up 0.9 %

Shares of NYSE ADX opened at $22.49 on Friday. Adams Diversified Equity Fund, Inc. has a 12-month low of $16.47 and a 12-month high of $22.58. The stock’s fifty day simple moving average is $21.44 and its two-hundred day simple moving average is $21.00.

Adams Diversified Equity Fund Company 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.