Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) Shares Sold by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC cut its position in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 2.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 52,699 shares of the investment management company’s stock after selling 1,251 shares during the period. SeaCrest Wealth Management LLC’s holdings in Cornerstone Strategic Value Fund were worth $453,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CLM. Choreo LLC acquired a new position in Cornerstone Strategic Value Fund in the 2nd quarter valued at about $125,000. Garden State Investment Advisory Services LLC grew its holdings in shares of Cornerstone Strategic Value Fund by 55.4% in the second quarter. Garden State Investment Advisory Services LLC now owns 54,288 shares of the investment management company’s stock valued at $418,000 after purchasing an additional 19,358 shares in the last quarter. Sea Otter Advisors LLC purchased a new stake in Cornerstone Strategic Value Fund during the 2nd quarter worth approximately $3,850,000. Creative Planning lifted its holdings in Cornerstone Strategic Value Fund by 344.1% during the 2nd quarter. Creative Planning now owns 108,430 shares of the investment management company’s stock worth $835,000 after buying an additional 84,013 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Cornerstone Strategic Value Fund in the 2nd quarter valued at approximately $143,000.

Cornerstone Strategic Value Fund Price Performance

Cornerstone Strategic Value Fund stock opened at $8.60 on Friday. Cornerstone Strategic Value Fund, Inc. has a twelve month low of $6.50 and a twelve month high of $9.30.

Cornerstone Strategic Value Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be given a $0.1224 dividend. This represents a yield of 16.92%. The ex-dividend date is Wednesday, January 15th.

Cornerstone Strategic Value Fund Company Profile

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.