General American Investors Co. Inc. Trims Stock Position in Adams Diversified Equity Fund, Inc. (NYSE:ADX)

General American Investors Co. Inc. trimmed its position in Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 22.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 131,124 shares of the closed-end fund’s stock after selling 38,695 shares during the quarter. General American Investors Co. Inc. owned 0.11% of Adams Diversified Equity Fund worth $2,827,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC acquired a new stake in shares of Adams Diversified Equity Fund in the third quarter valued at about $30,000. Rothschild Investment LLC acquired a new stake in shares of Adams Diversified Equity Fund in the second quarter valued at about $45,000. Sunbelt Securities Inc. grew its stake in shares of Adams Diversified Equity Fund by 23,200.0% in the second quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund’s stock valued at $55,000 after buying an additional 2,552 shares in the last quarter. Covestor Ltd acquired a new stake in shares of Adams Diversified Equity Fund in the first quarter valued at about $203,000. Finally, Great Valley Advisor Group Inc. acquired a new stake in shares of Adams Diversified Equity Fund in the second quarter valued at about $206,000. 28.41% of the stock is currently owned by hedge funds and other institutional investors.

Adams Diversified Equity Fund Price Performance

NYSE ADX traded up $0.16 during mid-day trading on Thursday, reaching $22.46. 15,129 shares of the company’s stock traded hands, compared to its average volume of 192,111. Adams Diversified Equity Fund, Inc. has a 1-year low of $16.47 and a 1-year high of $22.49. The company has a fifty day simple moving average of $21.44 and a 200-day simple moving average of $21.00.

Insider Buying and Selling at Adams Diversified Equity Fund

In other Adams Diversified Equity Fund news, Director Jane Musser Nelson acquired 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, for a total transaction of $25,051.95. Following the purchase, the director now directly owns 4,982 shares in the company, valued at $108,059.58. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Frederic A. Escherich sold 9,500 shares of Adams Diversified Equity Fund stock in a transaction that occurred 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 approximately $1,094,482.44. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jane Musser Nelson bought 1,155 shares of the firm’s stock in a transaction dated 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 transaction, the director now owns 4,982 shares in the company, valued at approximately $108,059.58. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. 0.11% of the stock is owned by insiders.

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.