B. Riley Wealth Advisors Inc. Acquires 1,502 Shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

B. Riley Wealth Advisors Inc. lifted its holdings in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 11.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 14,676 shares of the investment management company’s stock after acquiring an additional 1,502 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Cornerstone Strategic Value Fund were worth $113,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in CLM. Cetera Investment Advisers increased its holdings in shares of Cornerstone Strategic Value Fund by 1,164.7% during the first quarter. Cetera Investment Advisers now owns 278,738 shares of the investment management company’s stock worth $2,096,000 after buying an additional 256,698 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Cornerstone Strategic Value Fund by 2.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 175,745 shares of the investment management company’s stock valued at $1,322,000 after purchasing an additional 4,580 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in Cornerstone Strategic Value Fund by 800.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 509,390 shares of the investment management company’s stock valued at $39,000 after purchasing an additional 452,790 shares in the last quarter. Redhawk Wealth Advisors Inc. raised its position in Cornerstone Strategic Value Fund by 25.7% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 22,200 shares of the investment management company’s stock valued at $171,000 after purchasing an additional 4,537 shares during the last quarter. Finally, Sea Otter Advisors LLC acquired a new position in Cornerstone Strategic Value Fund in the second quarter worth $3,850,000.

Cornerstone Strategic Value Fund Price Performance

Shares of NYSEAMERICAN:CLM opened at $7.92 on Friday. The firm has a fifty day simple moving average of $7.40. Cornerstone Strategic Value Fund, Inc. has a twelve month low of $6.25 and a twelve month high of $7.92.

Cornerstone Strategic Value Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.1086 per share. The ex-dividend date of this dividend is Tuesday, October 15th.

About Cornerstone Strategic Value Fund

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.