SeaCrest Wealth Management LLC Buys 12,901 Shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

SeaCrest Wealth Management LLC raised its stake in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 37.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,928 shares of the investment management company’s stock after acquiring an additional 12,901 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Cornerstone Strategic Value Fund were worth $353,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. StoneX Group Inc. bought a new position in shares of Cornerstone Strategic Value Fund during the fourth quarter worth approximately $144,000. Pasadena Private Wealth LLC increased its holdings in shares of Cornerstone Strategic Value Fund by 94.4% during the fourth quarter. Pasadena Private Wealth LLC now owns 37,261 shares of the investment management company’s stock worth $268,000 after purchasing an additional 18,091 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of Cornerstone Strategic Value Fund by 15.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 85,868 shares of the investment management company’s stock worth $617,000 after purchasing an additional 11,202 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in shares of Cornerstone Strategic Value Fund by 27.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 43,857 shares of the investment management company’s stock worth $315,000 after purchasing an additional 9,500 shares during the period. Finally, Raymond James Trust N.A. increased its holdings in shares of Cornerstone Strategic Value Fund by 23.6% during the fourth quarter. Raymond James Trust N.A. now owns 40,229 shares of the investment management company’s stock worth $289,000 after purchasing an additional 7,671 shares during the period.

Cornerstone Strategic Value Fund Stock Performance

Shares of CLM opened at $7.74 on Thursday. The stock’s 50 day simple moving average is $7.34. Cornerstone Strategic Value Fund, Inc. has a 12 month low of $6.25 and a 12 month high of $8.84.

Cornerstone Strategic Value Fund Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Investors of record on Monday, July 15th will be paid a $0.1086 dividend. The ex-dividend date of this dividend is Monday, July 15th.

Cornerstone Strategic Value Fund Profile

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.