Winebrenner Capital Management LLC acquired a new position in shares of Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 110,001 shares of the investment management company's stock, valued at approximately $956,000. Winebrenner Capital Management LLC owned 0.11% of Cornerstone Total Return Fund as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Quarry LP purchased a new stake in shares of Cornerstone Total Return Fund in the 3rd quarter worth approximately $42,000. Oppenheimer & Co. Inc. purchased a new stake in Cornerstone Total Return Fund during the third quarter worth $120,000. Virtu Financial LLC boosted its position in Cornerstone Total Return Fund by 70.3% during the 3rd quarter. Virtu Financial LLC now owns 18,637 shares of the investment management company's stock valued at $151,000 after acquiring an additional 7,696 shares in the last quarter. Wealth Management Nebraska purchased a new position in shares of Cornerstone Total Return Fund in the 4th quarter valued at $164,000. Finally, Grimes & Company Inc. raised its position in shares of Cornerstone Total Return Fund by 4.9% in the 4th quarter. Grimes & Company Inc. now owns 25,556 shares of the investment management company's stock worth $222,000 after acquiring an additional 1,193 shares in the last quarter. 10.41% of the stock is owned by institutional investors.
Cornerstone Total Return Fund Trading Down 3.4 %
NYSEAMERICAN CRF traded down $0.28 on Wednesday, hitting $7.89. The stock had a trading volume of 3,013,529 shares, compared to its average volume of 1,049,887. The business has a fifty day moving average of $8.06. Cornerstone Total Return Fund, Inc. has a 52-week low of $6.52 and a 52-week high of $9.75.
Cornerstone Total Return Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be given a dividend of $0.1168 per share. This represents a $1.40 annualized dividend and a yield of 17.76%. The ex-dividend date is Monday, June 16th.
About Cornerstone Total Return Fund
(
Free Report)
Cornerstone Total Return Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies across all market capitalizations.
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