Shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $8.77. Cornerstone Strategic Value Fund shares last traded at $8.74, with a volume of 1,230,071 shares.
Cornerstone Strategic Value Fund Stock Up 0.5 %
Cornerstone Strategic Value Fund Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid a dividend of $0.1224 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This is a positive change from Cornerstone Strategic Value Fund's previous dividend of $0.11.
Institutional Trading of Cornerstone Strategic Value Fund
Institutional investors and hedge funds have recently bought and sold shares of the company. Planning Capital Management Corp lifted its position in Cornerstone Strategic Value Fund by 2,598.4% during the third quarter. Planning Capital Management Corp now owns 3,481 shares of the investment management company's stock valued at $27,000 after purchasing an additional 3,352 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of Cornerstone Strategic Value Fund by 800.0% in the 2nd quarter. Strategic Financial Concepts LLC now owns 509,390 shares of the investment management company's stock worth $39,000 after buying an additional 452,790 shares during the last quarter. Larson Financial Group LLC grew its holdings in shares of Cornerstone Strategic Value Fund by 51.4% in the third quarter. Larson Financial Group LLC now owns 6,767 shares of the investment management company's stock worth $52,000 after acquiring an additional 2,296 shares during the period. Townsquare Capital LLC purchased a new stake in Cornerstone Strategic Value Fund during the third quarter valued at $83,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Cornerstone Strategic Value Fund in the third quarter worth about $102,000.
Cornerstone Strategic Value Fund Company Profile
(
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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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