Clarity Capital Partners LLC Trims Stock Holdings in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Clarity Capital Partners LLC lessened its stake in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 5.5% in the fourth quarter, HoldingsChannel reports. The firm owned 44,226 shares of the investment management company’s stock after selling 2,564 shares during the quarter. Clarity Capital Partners LLC’s holdings in Cornerstone Strategic Value Fund were worth $380,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Planning Capital Management Corp raised its holdings in Cornerstone Strategic Value Fund by 2,598.4% in the 3rd quarter. Planning Capital Management Corp now owns 3,481 shares of the investment management company’s stock valued at $27,000 after acquiring an additional 3,352 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Cornerstone Strategic Value Fund by 51.4% in the third quarter. Larson Financial Group LLC now owns 6,767 shares of the investment management company’s stock valued at $52,000 after purchasing an additional 2,296 shares during the period. Townsquare Capital LLC acquired a new position in Cornerstone Strategic Value Fund in the third quarter valued at $83,000. Kingsview Wealth Management LLC purchased a new position in Cornerstone Strategic Value Fund during the fourth quarter worth about $86,000. Finally, Sonora Investment Management Group LLC purchased a new stake in Cornerstone Strategic Value Fund in the 4th quarter valued at about $87,000.

Cornerstone Strategic Value Fund Stock Up 0.3 %

NYSEAMERICAN CLM opened at $9.01 on Thursday. Cornerstone Strategic Value Fund, Inc. has a 12 month low of $6.50 and a 12 month high of $9.30.

Cornerstone Strategic Value Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.1224 per share. This represents a $1.47 annualized dividend and a yield of 16.30%. The ex-dividend date of this dividend is Monday, June 16th.

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.