Private Advisor Group LLC Acquires 988 Shares of Cornerstone Strategic Value Fund Inc. (CLM)

Share on StockTwits

Private Advisor Group LLC raised its holdings in Cornerstone Strategic Value Fund Inc. (NYSEAMERICAN:CLM) by 4.7% in the fourth quarter, Holdings Channel reports. The fund owned 21,900 shares of the investment management company’s stock after buying an additional 988 shares during the period. Private Advisor Group LLC’s holdings in Cornerstone Strategic Value Fund were worth $245,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Rivernorth Capital Management LLC purchased a new stake in shares of Cornerstone Strategic Value Fund in the 3rd quarter valued at approximately $21,474,000. Laurion Capital Management LP purchased a new stake in shares of Cornerstone Strategic Value Fund in the 3rd quarter valued at approximately $12,447,000. City of London Investment Management Co. Ltd. purchased a new stake in shares of Cornerstone Strategic Value Fund in the 4th quarter valued at approximately $5,596,000. ING Groep NV purchased a new stake in shares of Cornerstone Strategic Value Fund in the 3rd quarter valued at approximately $3,189,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of Cornerstone Strategic Value Fund by 5,540.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 76,145 shares of the investment management company’s stock valued at $1,067,000 after buying an additional 74,795 shares during the period.

Cornerstone Strategic Value Fund stock opened at $12.28 on Friday. Cornerstone Strategic Value Fund Inc. has a 1-year low of $9.31 and a 1-year high of $16.01.

The company also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $0.2053 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $2.46 annualized dividend and a dividend yield of 20.06%.

TRADEMARK VIOLATION NOTICE: “Private Advisor Group LLC Acquires 988 Shares of Cornerstone Strategic Value Fund Inc. (CLM)” was originally posted by Zolmax and is owned by of Zolmax. If you are viewing this article on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark legislation. The correct version of this article can be read at https://zolmax.com/investing/private-advisor-group-llc-acquires-988-shares-of-cornerstone-strategic-value-fund-inc-clm/2965021.html.

Cornerstone Strategic Value Fund Profile

Cornerstone Strategic Value Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, Inc 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 Story: Options Trading

Want to see what other hedge funds are holding CLM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cornerstone Strategic Value Fund Inc. (NYSEAMERICAN:CLM).

Institutional Ownership by Quarter for Cornerstone Strategic Value Fund (NYSEAMERICAN:CLM)

Receive News & Ratings for Cornerstone Strategic Value Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cornerstone Strategic Value Fund and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Supernus Pharmaceuticals   Shares Down 5.6%
Supernus Pharmaceuticals Shares Down 5.6%
CNX Resources  Stock Price Down 5.6%
CNX Resources Stock Price Down 5.6%
Fusion Price Down 1.5% Over Last 7 Days
Fusion Price Down 1.5% Over Last 7 Days
EXMR Achieves Market Cap of $155,805.00
EXMR Achieves Market Cap of $155,805.00
Aergo  1-Day Volume Tops $2.26 Million
Aergo 1-Day Volume Tops $2.26 Million
Denison Mines   Shares Down 5.1%
Denison Mines Shares Down 5.1%


 
© 2006-2019 Zolmax.