Wolverine Asset Management LLC Purchases New Shares in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Wolverine Asset Management LLC acquired a new position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 30,367 shares of the closed-end fund’s stock, valued at approximately $655,000.

Other institutional investors have also recently bought and sold shares of the company. Lazard Asset Management LLC increased its holdings in shares of Adams Diversified Equity Fund by 6.8% during the first quarter. Lazard Asset Management LLC now owns 4,401,972 shares of the closed-end fund’s stock worth $85,926,000 after purchasing an additional 279,285 shares during the period. Bensler LLC raised its holdings in Adams Diversified Equity Fund by 9.1% in the 3rd quarter. Bensler LLC now owns 583,277 shares of the closed-end fund’s stock valued at $12,575,000 after acquiring an additional 48,581 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Adams Diversified Equity Fund by 1.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 562,135 shares of the closed-end fund’s stock valued at $12,080,000 after acquiring an additional 10,210 shares during the period. Raymond James & Associates grew its holdings in shares of Adams Diversified Equity Fund by 10.8% during the 2nd quarter. Raymond James & Associates now owns 531,458 shares of the closed-end fund’s stock worth $11,421,000 after purchasing an additional 51,599 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Adams Diversified Equity Fund by 1.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 412,311 shares of the closed-end fund’s stock worth $8,861,000 after purchasing an additional 4,773 shares during the period. Institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Up 0.1 %

ADX stock opened at $22.45 on Thursday. Adams Diversified Equity Fund, Inc. has a 52 week low of $16.47 and a 52 week high of $22.58. The business has a 50-day simple moving average of $21.54 and a 200 day simple moving average of $21.12.

Insider Buying and Selling at Adams Diversified Equity Fund

In related news, Director Frederic A. Escherich sold 9,500 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $21.93, for a total transaction of $208,335.00. Following the sale, the director now owns 49,908 shares in the company, valued at approximately $1,094,482.44. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Adams Diversified Equity Fund news, Director Jane Musser Nelson bought 1,155 shares of the stock in a transaction on Thursday, October 31st. The stock was purchased at an average price of $21.69 per share, with a total value of $25,051.95. Following the completion of the purchase, the director now owns 4,982 shares in the company, valued at $108,059.58. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Frederic A. Escherich sold 9,500 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $21.93, for a total transaction of $208,335.00. Following the completion of the sale, the director now owns 49,908 shares in the company, valued at approximately $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. 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.