General American Investors Co. Inc. Holds Stake in Adams Diversified Equity Fund, Inc. (ADX)

General American Investors Co. Inc. maintained its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 188,819 shares of the closed-end fund’s stock at the end of the second quarter. General American Investors Co. Inc.’s holdings in Adams Diversified Equity Fund were worth $2,698,000 as of its most recent SEC filing.

Separately, IFP Advisors Inc increased its position in shares of Adams Diversified Equity Fund by 0.7% in the second quarter. IFP Advisors Inc now owns 47,402 shares of the closed-end fund’s stock valued at $677,000 after buying an additional 338 shares during the last quarter. Institutional investors own 21.37% of the company’s stock.

Adams Diversified Equity Fund, Inc. (NYSE:ADX) opened at 14.77 on Thursday. Adams Diversified Equity Fund, Inc. has a one year low of $12.33 and a one year high of $14.94. The firm has a market capitalization of $1.46 billion, a P/E ratio of 5.22 and a beta of 1.08. The stock has a 50 day moving average price of $14.58 and a 200 day moving average price of $14.01.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 11th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Wednesday, August 9th.

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Adams Diversified Equity Fund Company Profile

Adams Diversified Equity Fund, Inc (the Fund) is a diversified, closed-end equity investment company. The Fund’s investment objectives are preservation of capital, the attainment of reasonable income from investments and an opportunity for capital appreciation. Its portfolio includes investments in consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, telecommunication services and utilities.

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Institutional Ownership by Quarter for Adams Diversified Equity Fund (NYSE:ADX)

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