Quarry LP lessened its holdings in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM - Free Report) by 96.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,013 shares of the investment management company's stock after selling 459,945 shares during the period. Quarry LP's holdings in Cornerstone Strategic Value Fund were worth $129,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of CLM. Townsquare Capital LLC increased its position in Cornerstone Strategic Value Fund by 12.2% during the 4th quarter. Townsquare Capital LLC now owns 12,086 shares of the investment management company's stock valued at $104,000 after buying an additional 1,317 shares in the last quarter. Creative Financial Designs Inc. ADV raised its position in Cornerstone Strategic Value Fund by 1.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 90,367 shares of the investment management company's stock valued at $776,000 after acquiring an additional 1,631 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Cornerstone Strategic Value Fund by 14.3% in the fourth quarter. Oppenheimer & Co. Inc. now owns 15,970 shares of the investment management company's stock valued at $137,000 after acquiring an additional 2,000 shares during the period. Strategic Financial Concepts LLC boosted its position in Cornerstone Strategic Value Fund by 3.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 74,650 shares of the investment management company's stock worth $641,000 after purchasing an additional 2,150 shares in the last quarter. Finally, Wedbush Securities Inc. grew its stake in shares of Cornerstone Strategic Value Fund by 15.7% during the 4th quarter. Wedbush Securities Inc. now owns 24,350 shares of the investment management company's stock worth $209,000 after purchasing an additional 3,300 shares during the period.
Cornerstone Strategic Value Fund Stock Performance
NYSEAMERICAN CLM traded up $0.09 during mid-day trading on Friday, reaching $7.11. 1,731,832 shares of the stock were exchanged, compared to its average volume of 1,892,231. Cornerstone Strategic Value Fund, Inc. has a 1 year low of $6.16 and a 1 year high of $9.30. The business's 50 day moving average is $7.39 and its 200-day moving average is $7.92.
Cornerstone Strategic Value Fund Announces Dividend
The firm also recently announced a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th were given a dividend of $0.1224 per share. The ex-dividend date of this dividend was Tuesday, April 15th.
Cornerstone Strategic Value 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.
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