Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM - Get Free Report) announced a dividend on Friday, July 4th, investing.com reports. Stockholders of record on Wednesday, July 16th will be given a dividend of 0.1224 per share by the investment management company on Thursday, July 31st. This represents a dividend yield of 17.83%. The ex-dividend date is Tuesday, July 15th.
Cornerstone Strategic Investment Fund Stock Down 0.8%
Shares of CLM traded down $0.07 during midday trading on Monday, reaching $8.17. The stock had a trading volume of 1,814,678 shares, compared to its average volume of 1,953,724. Cornerstone Strategic Investment Fund has a 52 week low of $6.16 and a 52 week high of $9.30. The firm's 50 day moving average price is $7.63 and its 200-day moving average price is $7.96.
Hedge Funds Weigh In On Cornerstone Strategic Investment Fund
An institutional investor recently bought a new position in Cornerstone Strategic Investment Fund stock. Jane Street Group LLC bought a new position in Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 35,714 shares of the investment management company's stock, valued at approximately $265,000.
Cornerstone Strategic Investment Fund Company Profile
(
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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.
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