Doliver Advisors LP acquired a new stake in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 287,300 shares of the investment management company's stock, valued at approximately $2,206,000. Cornerstone Strategic Value Fund makes up 0.6% of Doliver Advisors LP's portfolio, making the stock its 23rd largest position. Doliver Advisors LP owned about 0.12% of Cornerstone Strategic Value Fund as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently made changes to their positions in CLM. Cetera Investment Advisers boosted its position in shares of Cornerstone Strategic Value Fund by 64.0% during the second quarter. Cetera Investment Advisers now owns 457,175 shares of the investment management company's stock worth $3,520,000 after acquiring an additional 178,437 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its position in shares of Cornerstone Strategic Value Fund by 11.4% during the second quarter. B. Riley Wealth Advisors Inc. now owns 14,676 shares of the investment management company's stock valued at $113,000 after purchasing an additional 1,502 shares in the last quarter. Quarry LP increased its holdings in shares of Cornerstone Strategic Value Fund by 2.9% in the second quarter. Quarry LP now owns 470,246 shares of the investment management company's stock worth $3,621,000 after purchasing an additional 13,058 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Cornerstone Strategic Value Fund in the second quarter worth about $143,000. Finally, Creative Planning boosted its stake in Cornerstone Strategic Value Fund by 344.1% during the second quarter. Creative Planning now owns 108,430 shares of the investment management company's stock valued at $835,000 after buying an additional 84,013 shares during the last quarter.
Cornerstone Strategic Value Fund Price Performance
NYSEAMERICAN CLM traded up $0.04 during trading hours on Thursday, hitting $7.72. 892,747 shares of the company were exchanged, compared to its average volume of 1,416,020. Cornerstone Strategic Value Fund, Inc. has a 52 week low of $6.25 and a 52 week high of $8.00. The stock has a 50-day moving average price of $7.39.
Cornerstone Strategic Value Fund Dividend Announcement
The company also recently disclosed a dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be issued a dividend of $0.1086 per share. The ex-dividend date of this dividend is Tuesday, October 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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