Adams Natural Resources Fund, Inc. (NYSE:PEO) Shares Bought by Whitener Capital Management Inc.

Whitener Capital Management Inc. lifted its stake in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO) by 8.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,527 shares of the financial services provider’s stock after buying an additional 5,158 shares during the quarter. Whitener Capital Management Inc.’s holdings in Adams Natural Resources Fund were worth $1,406,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its position in shares of Adams Natural Resources Fund by 6.2% in the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 8,123 shares of the financial services provider’s stock worth $177,000 after purchasing an additional 475 shares during the last quarter. D.A. Davidson & CO. raised its stake in Adams Natural Resources Fund by 1.1% during the first quarter. D.A. Davidson & CO. now owns 50,129 shares of the financial services provider’s stock valued at $1,030,000 after buying an additional 528 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Adams Natural Resources Fund by 5.7% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 13,504 shares of the financial services provider’s stock valued at $283,000 after buying an additional 724 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in Adams Natural Resources Fund by 6.2% during the 4th quarter. Moors & Cabot Inc. now owns 13,576 shares of the financial services provider’s stock worth $296,000 after buying an additional 794 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Adams Natural Resources Fund by 1.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 46,713 shares of the financial services provider’s stock worth $960,000 after acquiring an additional 885 shares in the last quarter. 34.12% of the stock is owned by institutional investors and hedge funds.

Adams Natural Resources Fund Stock Performance

Shares of PEO stock traded down $0.23 on Tuesday, hitting $23.10. 11,067 shares of the stock traded hands, compared to its average volume of 63,279. The company’s fifty day moving average is $22.61 and its 200 day moving average is $21.17. Adams Natural Resources Fund, Inc. has a 1-year low of $18.58 and a 1-year high of $24.50.

Adams Natural Resources Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Friday, August 18th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, August 17th. This represents a $0.40 annualized dividend and a yield of 1.73%.

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.