Adams Natural Resources Fund, Inc. $PEO Shares Acquired by Advisors Asset Management Inc.

Advisors Asset Management Inc. grew its stake in Adams Natural Resources Fund, Inc. (NYSE:PEO) by 47.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 67,376 shares of the financial services provider’s stock after buying an additional 21,554 shares during the period. Advisors Asset Management Inc.’s holdings in Adams Natural Resources Fund were worth $1,450,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Wolverine Asset Management LLC increased its position in shares of Adams Natural Resources Fund by 123.5% in the 2nd quarter. Wolverine Asset Management LLC now owns 114,170 shares of the financial services provider’s stock valued at $2,440,000 after acquiring an additional 63,096 shares during the period. Penserra Capital Management LLC grew its stake in Adams Natural Resources Fund by 28.4% during the 3rd quarter. Penserra Capital Management LLC now owns 272,359 shares of the financial services provider’s stock valued at $5,861,000 after purchasing an additional 60,228 shares during the last quarter. Adams Diversified Equity Fund Inc. increased its holdings in shares of Adams Natural Resources Fund by 2.5% in the second quarter. Adams Diversified Equity Fund Inc. now owns 2,456,181 shares of the financial services provider’s stock valued at $52,489,000 after purchasing an additional 59,934 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Adams Natural Resources Fund by 843.9% in the first quarter. Jones Financial Companies Lllp now owns 42,921 shares of the financial services provider’s stock worth $979,000 after purchasing an additional 38,374 shares during the last quarter. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of Adams Natural Resources Fund by 61.9% during the third quarter. Concurrent Investment Advisors LLC now owns 24,169 shares of the financial services provider’s stock worth $520,000 after purchasing an additional 9,237 shares during the period. 33.54% of the stock is owned by hedge funds and other institutional investors.

Adams Natural Resources Fund Trading Down 0.2%

Shares of NYSE PEO opened at $25.59 on Tuesday. Adams Natural Resources Fund, Inc. has a 52 week low of $18.34 and a 52 week high of $26.09. The business’s 50 day moving average price is $23.09 and its 200 day moving average price is $22.04.

Adams Natural Resources Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Monday, January 26th will be paid a $0.49 dividend. The ex-dividend date is Monday, January 26th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 7.7%.

Adams Natural Resources Fund Profile

Adams Natural Resources Fund (NYSE: PEO) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. Listed on the New York Stock Exchange, the fund offers investors a way to access a diversified portfolio of companies engaged in the natural resources and energy sectors without investing directly in individual stocks or commodities.

The fund primarily invests in equity securities, including common and preferred stocks, of companies involved in exploration, production, processing, and distribution of oil, natural gas, coal and alternative energy sources.