Integrity Alliance LLC. bought a new stake in shares of Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 52,160 shares of the investment management company's stock, valued at approximately $388,000.
A number of other hedge funds have also modified their holdings of CLM. Alpine Global Management LLC raised its position in shares of Cornerstone Strategic Investment Fund by 6.7% in the 4th quarter. Alpine Global Management LLC now owns 6,301,760 shares of the investment management company's stock valued at $54,132,000 after acquiring an additional 393,853 shares during the period. Bank of America Corp DE raised its position in shares of Cornerstone Strategic Investment Fund by 111.4% in the 4th quarter. Bank of America Corp DE now owns 197,934 shares of the investment management company's stock valued at $1,700,000 after acquiring an additional 104,296 shares during the period. Sculptor Capital LP acquired a new stake in shares of Cornerstone Strategic Investment Fund in the 4th quarter valued at approximately $1,560,000. Mosaic Family Wealth Partners LLC acquired a new stake in shares of Cornerstone Strategic Investment Fund in the 4th quarter valued at approximately $87,000. Finally, Ameriflex Group Inc. acquired a new stake in shares of Cornerstone Strategic Investment Fund in the 4th quarter valued at approximately $813,000.
Cornerstone Strategic Investment Fund Stock Performance
Shares of NYSEAMERICAN:CLM traded down $0.06 during mid-day trading on Tuesday, reaching $8.11. The stock had a trading volume of 1,631,452 shares, compared to its average volume of 1,947,980. The firm has a 50 day simple moving average of $8.12 and a two-hundred day simple moving average of $7.74. Cornerstone Strategic Investment Fund, Inc. has a twelve month low of $6.16 and a twelve month high of $9.30.
Cornerstone Strategic Investment Fund Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a dividend of $0.1224 per share. This represents a c) annualized dividend and a yield of 18.1%. The ex-dividend date is Monday, December 15th.
Cornerstone Strategic Investment Fund 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
MarketBeat's analysts have just released their top five short plays for September 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
