Cornerstone Advisors Inc buys $6,224,853 stake in Adams Diversified Equity Fund Inc (ADX)

Adams Diversified Equity Fund Inc (ADX) : Cornerstone Advisors Inc scooped up 378,895 additional shares in Adams Diversified Equity Fund Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 472,654 shares of Adams Diversified Equity Fund Inc which is valued at $6,224,853.Adams Diversified Equity Fund Inc makes up approximately 1.48% of Cornerstone Advisors Inc’s portfolio.

Other Hedge Funds, Including , Massmutual Trust Co Fsbadv reduced its stake in ADX by selling 3,110 shares or 95.72% in the most recent quarter. The Hedge Fund company now holds 139 shares of ADX which is valued at $1,831.Tci Wealth Advisors boosted its stake in ADX in the latest quarter, The investment management firm added 19 additional shares and now holds a total of 5,040 shares of Adams Diversified Equity Fund Inc which is valued at $66,578. Adams Diversified Equity Fund Inc makes up approx 0.04% of Tci Wealth Advisors’s portfolio. Cambridge Investment Research Advisors sold out all of its stake in ADX during the most recent quarter. The investment firm sold 131,143 shares of ADX which is valued $1,732,399.Commonwealth Equity Services Inc reduced its stake in ADX by selling 42,821 shares or 17.35% in the most recent quarter. The Hedge Fund company now holds 204,056 shares of ADX which is valued at $2,695,580. Adams Diversified Equity Fund Inc makes up approx 0.02% of Commonwealth Equity Services Inc’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.

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