Thomas J. Herzfeld Advisors Lowers stake in Adams Diversified Equity Fund Inc (ADX)

Adams Diversified Equity Fund Inc (ADX) : Thomas J. Herzfeld Advisors reduced its stake in Adams Diversified Equity Fund Inc by 7.03% during the most recent quarter end. The investment management company now holds a total of 460,338 shares of Adams Diversified Equity Fund Inc which is valued at $5.7 Million after selling 34,784 shares in Adams Diversified Equity Fund Inc , the firm said in a disclosure report filed with the SEC on May 13, 2016.Adams Diversified Equity Fund Inc makes up approximately 3.00% of Thomas J. Herzfeld Advisors’s portfolio.

Other Hedge Funds, Including , D.a. Davidson boosted its stake in ADX in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 47,361 shares of Adams Diversified Equity Fund Inc which is valued at $591,539. Adams Diversified Equity Fund Inc makes up approx 0.02% of D.a. Davidson’s portfolio.Gramercy Funds Management reduced its stake in ADX by selling 28,600 shares or 1.68% in the most recent quarter. The Hedge Fund company now holds 1,678,419 shares of ADX which is valued at $21 Million. Adams Diversified Equity Fund Inc makes up approx 5.96% of Gramercy Funds Management’s portfolio.

Adams Diversified Equity Fund Inc. formerly The Adams Express Company is a diversified closed-end equity investment company. The Company’s holdings include Adams Natural Resources Fund Microsoft Corp. General Electric Co. Pfizer Inc. PepsiCo Inc. Oracle Corp. Procter & Gamble Co. Unilever plc Genentech Inc. and Exxon Mobil Corp. The Company invests in various sectors including consumer energy financial healthcare industrials information technology materials telecom services and utilities. The Company has an office in Baltimore Maryland.

Leave a Reply

Adams Diversified Equity Fund Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Adams Diversified Equity Fund Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.