Advisors Asset Management Inc. Acquires New Position in Adams Natural Resources Fund Inc (PEO)

Advisors Asset Management Inc. acquired a new stake in shares of Adams Natural Resources Fund Inc (NYSE:PEO) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 15,984 shares of the financial services provider’s stock, valued at approximately $321,000.

A number of other hedge funds have also recently bought and sold shares of PEO. RB Capital Management LLC lifted its stake in shares of Adams Natural Resources Fund by 20.0% during the second quarter. RB Capital Management LLC now owns 23,724 shares of the financial services provider’s stock worth $477,000 after buying an additional 3,949 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Adams Natural Resources Fund by 10.9% during the second quarter. D.A. Davidson & CO. now owns 30,904 shares of the financial services provider’s stock worth $621,000 after buying an additional 3,040 shares during the period. North Star Asset Management Inc. lifted its stake in shares of Adams Natural Resources Fund by 3.0% during the second quarter. North Star Asset Management Inc. now owns 168,355 shares of the financial services provider’s stock worth $3,382,000 after buying an additional 4,954 shares during the period. 6 Meridian acquired a new stake in shares of Adams Natural Resources Fund during the second quarter worth $969,000. Finally, Raymond James & Associates lifted its stake in shares of Adams Natural Resources Fund by 7.1% during the second quarter. Raymond James & Associates now owns 78,395 shares of the financial services provider’s stock worth $1,575,000 after buying an additional 5,171 shares during the period. 22.34% of the stock is owned by institutional investors.

In related news, Director Frederic A. Escherich sold 2,000 shares of the business’s stock in a transaction on Thursday, November 1st. The shares were sold at an average price of $17.60, for a total transaction of $35,200.00. Following the completion of the transaction, the director now directly owns 10,705 shares in the company, valued at $188,408. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.19% of the company’s stock.

NYSE PEO opened at $17.92 on Friday. Adams Natural Resources Fund Inc has a 1 year low of $16.90 and a 1 year high of $21.48.

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Adams Natural Resources Fund Profile

Adams Natural Resources Fund, Inc is a self-managed investment trust. The firm invests in the public equity markets across the globe. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.

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Institutional Ownership by Quarter for Adams Natural Resources Fund (NYSE:PEO)

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