Adams Diversified Equity Fund, Inc. (NYSE:ADX) Position Lessened by General American Investors Co. Inc.

General American Investors Co. Inc. decreased its stake in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 22.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 131,124 shares of the closed-end fund’s stock after selling 38,695 shares during the period. General American Investors Co. Inc.’s holdings in Adams Diversified Equity Fund were worth $2,827,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Lazard Asset Management LLC raised its stake 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. Cetera Investment Advisers bought a new stake in Adams Diversified Equity Fund during the 1st quarter valued at $2,679,000. Prevail Innovative Wealth Advisors LLC raised its stake in Adams Diversified Equity Fund by 12.2% during the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 219,849 shares of the closed-end fund’s stock valued at $4,725,000 after acquiring an additional 23,971 shares in the last quarter. Providence Wealth Advisors LLC bought a new stake in Adams Diversified Equity Fund during the 2nd quarter valued at $2,126,000. Finally, Bensler LLC raised its stake in Adams Diversified Equity Fund by 4.1% during the 2nd quarter. Bensler LLC now owns 534,696 shares of the closed-end fund’s stock valued at $11,491,000 after acquiring an additional 20,929 shares in the last quarter. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Up 0.7 %

Adams Diversified Equity Fund stock traded up $0.16 during mid-day trading on Thursday, hitting $22.46. 15,129 shares of the company’s stock traded hands, compared to its average volume of 192,111. The firm has a 50 day moving average price of $21.44 and a 200 day moving average price of $21.00. Adams Diversified Equity Fund, Inc. has a one year low of $16.47 and a one year high of $22.49.

Insider Transactions at Adams Diversified Equity Fund

In other news, Director Frederic A. Escherich sold 9,500 shares of the business’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $21.93, for a total value of $208,335.00. Following the sale, the director now owns 49,908 shares of the company’s stock, valued at approximately $1,094,482.44. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Jane Musser Nelson acquired 1,155 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were bought at an average price of $21.69 per share, with a total value 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 ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Frederic A. Escherich sold 9,500 shares of Adams Diversified Equity Fund stock in a transaction on Monday, October 28th. The stock was sold at an average price of $21.93, for a total value of $208,335.00. Following the completion of the transaction, the director now owns 49,908 shares in the company, valued at $1,094,482.44. The trade was 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.