J.W. Cole Advisors Inc. purchased a new position in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 78,176 shares of the investment management company's stock, valued at approximately $600,000.
A number of other hedge funds also recently bought and sold shares of the business. SeaCrest Wealth Management LLC lifted its stake in shares of Cornerstone Strategic Value Fund by 37.9% during the 1st quarter. SeaCrest Wealth Management LLC now owns 46,928 shares of the investment management company's stock worth $353,000 after acquiring an additional 12,901 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Cornerstone Strategic Value Fund by 2.7% during the first quarter. Commonwealth Equity Services LLC now owns 175,745 shares of the investment management company's stock valued at $1,322,000 after purchasing an additional 4,580 shares during the period. StoneX Group Inc. grew its holdings in shares of Cornerstone Strategic Value Fund by 84.9% in the first quarter. StoneX Group Inc. now owns 36,418 shares of the investment management company's stock worth $274,000 after purchasing an additional 16,718 shares during the last quarter. Clarity Capital Partners LLC increased its stake in Cornerstone Strategic Value Fund by 3.3% in the 1st quarter. Clarity Capital Partners LLC now owns 89,547 shares of the investment management company's stock worth $673,000 after buying an additional 2,850 shares during the period. Finally, Capital Wealth Alliance LLC lifted its holdings in Cornerstone Strategic Value Fund by 25.9% during the 1st quarter. Capital Wealth Alliance LLC now owns 50,680 shares of the investment management company's stock valued at $381,000 after buying an additional 10,432 shares in the last quarter.
Cornerstone Strategic Value Fund Price Performance
Shares of CLM stock remained flat at $8.03 during mid-day trading on Thursday. The company's stock had a trading volume of 1,506,137 shares, compared to its average volume of 1,443,870. Cornerstone Strategic Value Fund, Inc. has a twelve month low of $6.50 and a twelve month high of $8.17. The company's 50-day simple moving average is $7.41.
Cornerstone Strategic Value Fund Announces Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a dividend of $0.1086 per share. The ex-dividend date of this dividend is Friday, November 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.
Featured Articles
Before you consider Cornerstone Strategic Value Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cornerstone Strategic Value Fund wasn't on the list.
While Cornerstone Strategic Value Fund currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
