Cambridge Investment Research Advisors Inc. grew its holdings in Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM - Free Report) by 28.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 521,955 shares of the investment management company's stock after acquiring an additional 114,302 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.22% of Cornerstone Strategic Investment Fund worth $3,878,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. IFP Advisors Inc acquired a new position in Cornerstone Strategic Investment Fund in the fourth quarter valued at approximately $37,000. Park Square Financial Group LLC purchased a new stake in Cornerstone Strategic Investment Fund during the fourth quarter worth $49,000. Anfield Capital Management LLC purchased a new stake in Cornerstone Strategic Investment Fund during the fourth quarter worth $56,000. Assetmark Inc. acquired a new stake in Cornerstone Strategic Investment Fund during the fourth quarter valued at $60,000. Finally, Mosaic Family Wealth Partners LLC purchased a new position in Cornerstone Strategic Investment Fund in the fourth quarter valued at $87,000.
Cornerstone Strategic Investment Fund Stock Up 0.1%
CLM traded up $0.01 during trading on Wednesday, hitting $8.12. The company's stock had a trading volume of 1,107,886 shares, compared to its average volume of 1,947,931. Cornerstone Strategic Investment Fund, Inc. has a twelve month low of $6.16 and a twelve month high of $9.30. The business's fifty day simple moving average is $7.53 and its 200 day simple moving average is $7.95.
Cornerstone Strategic Investment Fund Announces Dividend
The business also recently declared a dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were paid a $0.1224 dividend. The ex-dividend date was Thursday, May 15th. This represents a yield of 20.01%.
Cornerstone Strategic Investment Fund Company Profile
(
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.
Further Reading
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
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
