Commonwealth Equity Services LLC lifted its position in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM - Free Report) by 32.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 247,311 shares of the investment management company's stock after acquiring an additional 60,888 shares during the quarter. Commonwealth Equity Services LLC owned 0.10% of Cornerstone Strategic Value Fund worth $2,124,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of CLM. IFP Advisors Inc purchased a new stake in Cornerstone Strategic Value Fund in the 4th quarter worth $37,000. Larson Financial Group LLC increased its stake in Cornerstone Strategic Value Fund by 51.4% during the 3rd quarter. Larson Financial Group LLC now owns 6,767 shares of the investment management company's stock worth $52,000 after buying an additional 2,296 shares in the last quarter. Anfield Capital Management LLC acquired a new position in shares of Cornerstone Strategic Value Fund during the fourth quarter valued at approximately $56,000. Assetmark Inc. purchased a new position in Cornerstone Strategic Value Fund in the 4th quarter valued at $60,000. Finally, Townsquare Capital LLC purchased a new position in Cornerstone Strategic Value Fund in the 3rd quarter valued at $83,000.
Cornerstone Strategic Value Fund Trading Down 2.6 %
NYSEAMERICAN CLM traded down $0.20 during trading hours on Friday, hitting $7.39. 1,625,572 shares of the company's stock traded hands, compared to its average volume of 1,762,097. Cornerstone Strategic Value Fund, Inc. has a 52-week low of $6.50 and a 52-week high of $9.30. The company's 50-day moving average is $8.31.
Cornerstone Strategic Value Fund Announces Dividend
The company also recently announced a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.1224 per share. The ex-dividend date of this dividend is Tuesday, April 15th.
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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