City of London Investment Management Co. Ltd. lifted its holdings in shares of Adams Natural Resources Fund Inc (NYSE:PEO) by 1.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 200,418 shares of the financial services provider’s stock after purchasing an additional 2,474 shares during the quarter. City of London Investment Management Co. Ltd. owned 0.69% of Adams Natural Resources Fund worth $3,654,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Lazard Asset Management LLC raised its position in shares of Adams Natural Resources Fund by 43.5% during the fourth quarter. Lazard Asset Management LLC now owns 1,430,900 shares of the financial services provider’s stock worth $28,389,000 after purchasing an additional 433,700 shares during the period. Geode Capital Management LLC raised its position in Adams Natural Resources Fund by 20.9% in the 4th quarter. Geode Capital Management LLC now owns 261,313 shares of the financial services provider’s stock valued at $5,184,000 after buying an additional 45,129 shares during the last quarter. Wells Fargo & Company MN raised its position in Adams Natural Resources Fund by 2.9% in the 4th quarter. Wells Fargo & Company MN now owns 153,251 shares of the financial services provider’s stock valued at $3,040,000 after buying an additional 4,302 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. raised its position in Adams Natural Resources Fund by 12.0% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 134,324 shares of the financial services provider’s stock valued at $2,665,000 after buying an additional 14,433 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in Adams Natural Resources Fund by 43.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 115,432 shares of the financial services provider’s stock valued at $2,290,000 after buying an additional 35,032 shares during the last quarter. 21.64% of the stock is currently owned by institutional investors.

In related news, Director Craig R. Smith sold 1,372 shares of Adams Natural Resources Fund stock in a transaction that occurred on Wednesday, May 30th. The stock was sold at an average price of $19.81, for a total value of $27,179.32. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.19% of the stock is currently owned by company insiders.

Shares of Adams Natural Resources Fund opened at $20.09 on Friday, Marketbeat.com reports. Adams Natural Resources Fund Inc has a 52-week low of $16.90 and a 52-week high of $21.48.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Friday, May 18th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date is Thursday, May 17th.

Adams Natural Resources Fund Company 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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