MML Investors Services LLC grew its stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 2.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 96,972 shares of the closed-end fund’s stock after buying an additional 2,269 shares during the quarter. MML Investors Services LLC owned 0.10% of Adams Diversified Equity Fund worth $1,386,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in ADX. Janney Montgomery Scott LLC bought a new position in shares of Adams Diversified Equity Fund during the second quarter valued at about $143,000. IFP Advisors Inc grew its stake in shares of Adams Diversified Equity Fund by 0.7% during 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. SG Americas Securities LLC grew its stake in shares of Adams Diversified Equity Fund by 222.6% during the second quarter. SG Americas Securities LLC now owns 30,361 shares of the closed-end fund’s stock valued at $434,000 after buying an additional 20,950 shares during the last quarter. Cambridge Investment Research Advisors Inc. bought a new position in shares of Adams Diversified Equity Fund during the second quarter valued at about $1,475,000. Finally, Deschutes Portfolio Strategy LLC grew its stake in shares of Adams Diversified Equity Fund by 1.6% during the second quarter. Deschutes Portfolio Strategy LLC now owns 498,635 shares of the closed-end fund’s stock valued at $7,125,000 after buying an additional 7,896 shares during the last quarter. 19.41% of the stock is currently owned by hedge funds and other institutional investors.

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Adams Diversified Equity Fund, Inc. (NYSE:ADX) opened at 15.01 on Friday. The company has a market capitalization of $1.48 billion, a PE ratio of 5.31 and a beta of 1.08. Adams Diversified Equity Fund, Inc. has a 52 week low of $12.33 and a 52 week high of $15.08. The stock’s 50 day moving average price is $14.75 and its 200-day moving average price is $14.28.

The company also recently declared a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Friday, August 11th were issued a dividend of $0.05 per share. The ex-dividend date was Wednesday, August 9th. This represents a $0.20 annualized dividend and a yield of 1.33%.

About Adams Diversified Equity Fund

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.

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

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