Sculptor Capital LP purchased a new stake in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 181,573 shares of the investment management company's stock, valued at approximately $1,560,000. Sculptor Capital LP owned 0.07% of Cornerstone Strategic Value Fund at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. CoreCap Advisors LLC grew its position in Cornerstone Strategic Value Fund by 64.5% in the fourth quarter. CoreCap Advisors LLC now owns 48,156 shares of the investment management company's stock worth $414,000 after buying an additional 18,874 shares during the last quarter. Bank of America Corp DE boosted its holdings in Cornerstone Strategic Value Fund by 111.4% in the fourth quarter. Bank of America Corp DE now owns 197,934 shares of the investment management company's stock worth $1,700,000 after purchasing an additional 104,296 shares in the last quarter. BIP Wealth LLC bought a new stake in Cornerstone Strategic Value Fund in the fourth quarter worth $137,000. Aptus Capital Advisors LLC boosted its holdings in Cornerstone Strategic Value Fund by 8.5% in the fourth quarter. Aptus Capital Advisors LLC now owns 212,493 shares of the investment management company's stock worth $1,825,000 after purchasing an additional 16,685 shares in the last quarter. Finally, MGO One Seven LLC bought a new stake in Cornerstone Strategic Value Fund in the fourth quarter worth $249,000.
Cornerstone Strategic Value Fund Price Performance
NYSEAMERICAN:CLM remained flat at $7.45 during mid-day trading on Tuesday. 1,187,404 shares of the company traded hands, compared to its average volume of 1,907,840. Cornerstone Strategic Value Fund, Inc. has a 52-week low of $6.16 and a 52-week high of $9.30. The company has a fifty day simple moving average of $7.20 and a two-hundred day simple moving average of $7.89.
Cornerstone Strategic Value Fund Announces Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a $0.1224 dividend. This represents a yield of 20.01%. The ex-dividend date is Thursday, May 15th.
About Cornerstone Strategic Value 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.
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