Cornerstone Total Return Fund (NYSEAMERICAN:CRF) Stock Crosses Below Two Hundred Day Moving Average - Time to Sell?

Shares of Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.92 and traded as low as $6.99. Cornerstone Total Return Fund shares last traded at $7.05, with a volume of 1,287,743 shares traded.

Cornerstone Total Return Fund Price Performance

The company's 50 day moving average is $6.93 and its 200 day moving average is $7.91.

Cornerstone Total Return Fund Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be issued a dividend of $0.1168 per share. This represents a dividend yield of 19.85%. The ex-dividend date of this dividend is Thursday, May 15th.

Institutional Trading of Cornerstone Total Return Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Marshall & Sterling Wealth Advisors Inc. acquired a new position in Cornerstone Total Return Fund during the 4th quarter worth about $26,000. Quarry LP boosted its stake in shares of Cornerstone Total Return Fund by 35.8% in the 4th quarter. Quarry LP now owns 7,022 shares of the investment management company's stock valued at $61,000 after purchasing an additional 1,853 shares during the last quarter. Valmark Advisers Inc. acquired a new stake in shares of Cornerstone Total Return Fund during the first quarter worth $86,000. Brookwood Investment Group LLC acquired a new stake in shares of Cornerstone Total Return Fund during the first quarter worth $90,000. Finally, Mariner LLC raised its stake in Cornerstone Total Return Fund by 8.2% during the fourth quarter. Mariner LLC now owns 15,016 shares of the investment management company's stock worth $130,000 after buying an additional 1,134 shares during the last quarter. 10.41% of the stock is currently owned by institutional investors.

About Cornerstone Total Return Fund

Cornerstone Total Return Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies across all market capitalizations.