Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) Shares Purchased by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC boosted its stake in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 55.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,730 shares of the investment management company’s stock after acquiring an additional 7,430 shares during the period. Soltis Investment Advisors LLC’s holdings in Cornerstone Strategic Value Fund were worth $178,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Kingsview Wealth Management LLC acquired a new stake in shares of Cornerstone Strategic Value Fund in the fourth quarter valued at approximately $86,000. Strategic Financial Concepts LLC raised its position in Cornerstone Strategic Value Fund by 784.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 641,244 shares of the investment management company’s stock valued at $5,508,000 after purchasing an additional 568,744 shares during the last quarter. Stratos Wealth Partners LTD. purchased a new stake in Cornerstone Strategic Value Fund in the 4th quarter valued at $310,000. DAVENPORT & Co LLC acquired a new stake in Cornerstone Strategic Value Fund during the 4th quarter worth $110,000. Finally, Sonora Investment Management Group LLC purchased a new position in Cornerstone Strategic Value Fund during the 4th quarter worth $87,000.

Cornerstone Strategic Value Fund Price Performance

Shares of NYSEAMERICAN:CLM opened at $8.98 on Wednesday. Cornerstone Strategic Value Fund, Inc. has a one year low of $6.50 and a one year high of $9.30.

Cornerstone Strategic Value Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be paid a dividend of $0.1224 per share. This represents a $1.47 annualized dividend and a yield of 16.36%. The ex-dividend date 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.