J.W. Cole Advisors Inc. increased its holdings in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM - Free Report) by 69.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 132,835 shares of the investment management company's stock after purchasing an additional 54,659 shares during the quarter. J.W. Cole Advisors Inc. owned approximately 0.05% of Cornerstone Strategic Value Fund worth $1,141,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in CLM. Benjamin Edwards Inc. bought a new position in shares of Cornerstone Strategic Value Fund in the third quarter valued at about $1,367,000. Stratos Wealth Partners LTD. acquired a new stake in Cornerstone Strategic Value Fund during the fourth quarter worth about $310,000. Jane Street Group LLC boosted its stake in shares of Cornerstone Strategic Value Fund by 303.7% in the 3rd quarter. Jane Street Group LLC now owns 43,292 shares of the investment management company's stock valued at $332,000 after purchasing an additional 32,567 shares in the last quarter. Aptus Capital Advisors LLC boosted its position in Cornerstone Strategic Value Fund by 44.4% during the 3rd quarter. Aptus Capital Advisors LLC now owns 195,808 shares of the investment management company's stock worth $1,504,000 after buying an additional 60,187 shares during the period. Finally, Thrivent Financial for Lutherans boosted its position in Cornerstone Strategic Value Fund by 716.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 157,255 shares of the investment management company's stock worth $1,208,000 after buying an additional 137,988 shares during the period.
Cornerstone Strategic Value Fund Trading Down 1.0 %
Shares of NYSEAMERICAN:CLM traded down $0.09 during mid-day trading on Friday, hitting $8.87. The company had a trading volume of 2,019,206 shares, compared to its average volume of 1,650,372. Cornerstone Strategic Value Fund, Inc. has a one year low of $6.50 and a one year high of $9.30.
Cornerstone Strategic Value Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be issued a dividend of $0.1224 per share. This represents a $1.47 dividend on an annualized basis and a yield of 16.56%. The ex-dividend date of this dividend is Monday, June 16th.
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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