Gregory W. Buckley Acquires 1,070 Shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) Stock

Adams Natural Resources Fund, Inc. (NYSE:PEO) VP Gregory W. Buckley bought 1,070 shares of the firm’s stock in a transaction on Wednesday, May 1st. The shares were purchased at an average price of $23.06 per share, for a total transaction of $24,674.20. Following the completion of the transaction, the vice president now owns 14,053 shares of the company’s stock, valued at approximately $324,062.18. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Adams Natural Resources Fund Stock Down 0.0 %

NYSE:PEO opened at $23.07 on Friday. Adams Natural Resources Fund, Inc. has a 52-week low of $19.22 and a 52-week high of $24.25. The stock has a fifty day simple moving average of $22.83 and a 200-day simple moving average of $21.57.

Adams Natural Resources Fund Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 17th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Thursday, May 16th.

Institutional Trading of Adams Natural Resources Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC raised its position in shares of Adams Natural Resources Fund by 1.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 47,862 shares of the financial services provider’s stock worth $1,107,000 after purchasing an additional 714 shares during the last quarter. Kovack Advisors Inc. raised its holdings in shares of Adams Natural Resources Fund by 5.2% in the fourth quarter. Kovack Advisors Inc. now owns 24,082 shares of the financial services provider’s stock worth $497,000 after acquiring an additional 1,191 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of Adams Natural Resources Fund by 2.1% in the first quarter. Nations Financial Group Inc. IA ADV now owns 59,107 shares of the financial services provider’s stock valued at $1,363,000 after acquiring an additional 1,217 shares in the last quarter. Whitener Capital Management Inc. boosted its stake in shares of Adams Natural Resources Fund by 2.2% during the third quarter. Whitener Capital Management Inc. now owns 69,034 shares of the financial services provider’s stock valued at $1,596,000 after acquiring an additional 1,507 shares during the last quarter. Finally, Venturi Wealth Management LLC increased its position in Adams Natural Resources Fund by 199.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,499 shares of the financial services provider’s stock worth $52,000 after purchasing an additional 1,665 shares in the last quarter. Hedge funds and other institutional investors own 33.54% of the company’s stock.

About Adams Natural Resources Fund

Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. 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.