Commonwealth Equity Services LLC increased its position in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM – Free Report) by 2.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 175,745 shares of the investment company’s stock after acquiring an additional 4,580 shares during the same period. Commonwealth Equity Services LLC’s holdings in Cornerstone Strategic Value Fund were worth $1,322,000 at the end of the most recent quarter.
A number of other large investors have also recently changed their holdings in CLM. Strategic Financial Concepts LLC acquired a new position in Cornerstone Strategic Value Fund in the 1st quarter valued at approximately $426,000. PFG Investments LLC acquired a new position in Cornerstone Strategic Value Fund in the 1st quarter valued at approximately $410,000. SeaCrest Wealth Management LLC increased its holdings in Cornerstone Strategic Value Fund by 37.9% in the 1st quarter. SeaCrest Wealth Management LLC now owns 46,928 shares of the investment company’s stock valued at $353,000 after purchasing an additional 12,901 shares in the last quarter. StoneX Group Inc. acquired a new stake in Cornerstone Strategic Value Fund in the 4th quarter valued at $144,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in Cornerstone Strategic Value Fund by 27.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 43,857 shares of the investment management company’s stock valued at $315,000 after acquiring an additional 9,500 shares during the last quarter.
Price development of the Cornerstone Strategic Value Fund
CLM stock opened at $7.73 on Friday. Cornerstone Strategic Value Fund, Inc. has a one-year low of $6.25 and a one-year high of $8.84. The company’s 50-day moving average price is $7.34.
Cornerstone Strategic Value Fund announces dividend
The company also recently announced a dividend, which will be paid on Wednesday, July 31st. Investors of record on Monday, July 15th will receive a dividend of $0.1086 per share. The ex-dividend date is Monday, July 15th.
Cornerstone Strategic Value Fund Company Profile
(Free report)
Cornerstone Strategic Value Fund, Inc. is a closed-end equity fund established and managed by Cornerstone Advisors, LLC. The Fund invests in public equity markets around the world. It seeks to invest in equity securities of companies operating in diversified sectors. The Fund invests primarily in value and growth equity securities of companies.
See also
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