Cetera Investment Advisers increased its stake in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM - Free Report) by 64.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 457,175 shares of the investment management company's stock after purchasing an additional 178,437 shares during the quarter. Cetera Investment Advisers' holdings in Cornerstone Strategic Value Fund were worth $3,520,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. lifted its stake in Cornerstone Strategic Value Fund by 11.4% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 14,676 shares of the investment management company's stock worth $113,000 after purchasing an additional 1,502 shares in the last quarter. Dakota Wealth Management raised its position in shares of Cornerstone Strategic Value Fund by 3.1% in the second quarter. Dakota Wealth Management now owns 83,777 shares of the investment management company's stock worth $645,000 after buying an additional 2,492 shares in the last quarter. Clarity Capital Partners LLC boosted its stake in Cornerstone Strategic Value Fund by 3.3% during the first quarter. Clarity Capital Partners LLC now owns 89,547 shares of the investment management company's stock valued at $673,000 after buying an additional 2,850 shares during the period. CWM LLC grew its position in Cornerstone Strategic Value Fund by 3.6% during the second quarter. CWM LLC now owns 85,559 shares of the investment management company's stock worth $659,000 after buying an additional 2,972 shares in the last quarter. Finally, Atria Wealth Solutions Inc. grew its position in Cornerstone Strategic Value Fund by 1.5% during the second quarter. Atria Wealth Solutions Inc. now owns 229,849 shares of the investment management company's stock worth $1,770,000 after buying an additional 3,450 shares in the last quarter.
Cornerstone Strategic Value Fund Price Performance
Shares of NYSEAMERICAN:CLM traded up $0.12 during trading on Friday, reaching $8.03. The company had a trading volume of 4,859,983 shares, compared to its average volume of 1,435,848. The company has a fifty day moving average price of $7.40. Cornerstone Strategic Value Fund, Inc. has a 12 month low of $6.25 and a 12 month high of $8.03.
Cornerstone Strategic Value Fund Announces Dividend
The company also recently announced a dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a $0.1086 dividend. The ex-dividend date of this dividend is Tuesday, October 15th.
Cornerstone Strategic Value Fund Company 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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