Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-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 trading hands.
Cornerstone Total Return Fund Stock Performance
The business has a 50 day simple moving average of $6.92 and a 200-day simple moving average of $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. The ex-dividend date of this dividend is Thursday, May 15th. This represents a dividend yield of 19.85%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of CRF. Integrity Alliance LLC. bought a new stake in shares of Cornerstone Total Return Fund in the 1st quarter valued at $178,000. Jane Street Group LLC acquired a new stake in Cornerstone Total Return Fund in the 1st quarter valued at about $448,000. Ursa Fund Management LLC acquired a new stake in Cornerstone Total Return Fund in the 1st quarter valued at about $359,000. Ieq Capital LLC acquired a new stake in Cornerstone Total Return Fund in the 1st quarter valued at about $244,000. Finally, Sit Investment Associates Inc. acquired a new stake in Cornerstone Total Return Fund in the 1st quarter valued at about $251,000. 10.41% of the stock is owned by institutional investors and hedge funds.
Cornerstone Total Return Fund Company Profile
(
Get Free Report)
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.
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