Baird Financial Group Inc. reduced its holdings in shares of Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM - Free Report) by 46.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,646 shares of the investment management company's stock after selling 78,827 shares during the quarter. Baird Financial Group Inc.'s holdings in Cornerstone Strategic Investment Fund were worth $688,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of CLM. Park Square Financial Group LLC purchased a new stake in shares of Cornerstone Strategic Investment Fund during the 4th quarter valued at approximately $49,000. Valmark Advisers Inc. purchased a new stake in shares of Cornerstone Strategic Investment Fund during the 1st quarter valued at approximately $74,000. AlphaCore Capital LLC purchased a new stake in shares of Cornerstone Strategic Investment Fund during the 1st quarter valued at approximately $74,000. Meridian Wealth Management LLC purchased a new stake in shares of Cornerstone Strategic Investment Fund during the 1st quarter valued at approximately $74,000. Finally, RPG Investment Advisory LLC purchased a new stake in shares of Cornerstone Strategic Investment Fund during the 1st quarter valued at approximately $74,000.
Cornerstone Strategic Investment Fund Stock Performance
NYSEAMERICAN CLM traded down $0.14 on Monday, hitting $8.17. The stock had a trading volume of 1,493,384 shares, compared to its average volume of 1,456,190. Cornerstone Strategic Investment Fund, Inc. has a 52-week low of $6.16 and a 52-week high of $9.30. The firm has a 50-day moving average of $8.12 and a 200-day moving average of $7.74.
Cornerstone Strategic Investment Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a $0.1224 dividend. The ex-dividend date is Monday, December 15th. This represents a c) annualized dividend and a yield of 18.0%.
About Cornerstone Strategic Investment Fund
(
Free Report)
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.
Featured Stories
Before you consider Cornerstone Strategic Investment Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cornerstone Strategic Investment Fund wasn't on the list.
While Cornerstone Strategic Investment Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
