Aptus Capital Advisors LLC raised its stake in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM - Free Report) by 44.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,808 shares of the investment management company's stock after purchasing an additional 60,187 shares during the period. Aptus Capital Advisors LLC owned 0.08% of Cornerstone Strategic Value Fund worth $1,504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Chicago Partners Investment Group LLC grew its holdings in Cornerstone Strategic Value Fund by 19.5% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 31,007 shares of the investment management company's stock valued at $247,000 after purchasing an additional 5,064 shares during the last quarter. J.W. Cole Advisors Inc. purchased a new position in shares of Cornerstone Strategic Value Fund in the third quarter worth $600,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Cornerstone Strategic Value Fund in the third quarter worth about $102,000. Dakota Wealth Management lifted its stake in Cornerstone Strategic Value Fund by 6.0% during the 3rd quarter. Dakota Wealth Management now owns 88,803 shares of the investment management company's stock valued at $682,000 after acquiring an additional 5,026 shares during the period. Finally, Grimes & Company Inc. boosted its holdings in shares of Cornerstone Strategic Value Fund by 98.6% in the 3rd quarter. Grimes & Company Inc. now owns 42,490 shares of the investment management company's stock valued at $326,000 after acquiring an additional 21,094 shares during the last quarter.
Cornerstone Strategic Value Fund Price Performance
Shares of CLM stock traded down $0.09 during mid-day trading on Friday, hitting $8.71. 1,978,520 shares of the stock were exchanged, compared to its average volume of 1,495,927. Cornerstone Strategic Value Fund, Inc. has a 52-week low of $6.50 and a 52-week high of $9.00.
Cornerstone Strategic Value Fund Dividend Announcement
The firm also recently announced a -- dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.1224 dividend. This represents a yield of 18.1%. The ex-dividend date of this dividend is Friday, March 14th.
Cornerstone Strategic Value Fund Profile
(
Free Report)
Cornerstone Strategic Value Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value and growth stocks of companies.
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