TrueMark Investments LLC Acquires 108,386 Shares of Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF)

TrueMark Investments LLC boosted its holdings in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) by 25.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 534,692 shares of the investment management company’s stock after buying an additional 108,386 shares during the period. Cornerstone Total Return Fund makes up about 1.5% of TrueMark Investments LLC’s investment portfolio, making the stock its 25th largest position. TrueMark Investments LLC owned about 0.52% of Cornerstone Total Return Fund worth $4,646,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CRF. Rockefeller Capital Management L.P. raised its position in shares of Cornerstone Total Return Fund by 21.8% during the third quarter. Rockefeller Capital Management L.P. now owns 44,295 shares of the investment management company’s stock valued at $358,000 after buying an additional 7,935 shares during the last quarter. Quarry LP bought a new position in Cornerstone Total Return Fund during the third quarter valued at about $42,000. Virtu Financial LLC raised its holdings in Cornerstone Total Return Fund by 70.3% in the 3rd quarter. Virtu Financial LLC now owns 18,637 shares of the investment management company’s stock valued at $151,000 after acquiring an additional 7,696 shares in the last quarter. Grimes & Company Inc. lifted its position in shares of Cornerstone Total Return Fund by 4.9% in the 4th quarter. Grimes & Company Inc. now owns 25,556 shares of the investment management company’s stock worth $222,000 after acquiring an additional 1,193 shares during the period. Finally, Chicago Partners Investment Group LLC grew its holdings in shares of Cornerstone Total Return Fund by 4.2% during the 4th quarter. Chicago Partners Investment Group LLC now owns 77,104 shares of the investment management company’s stock worth $687,000 after purchasing an additional 3,097 shares in the last quarter. 10.41% of the stock is currently owned by institutional investors and hedge funds.

Cornerstone Total Return Fund Stock Performance

Shares of NYSEAMERICAN CRF opened at $7.47 on Wednesday. Cornerstone Total Return Fund, Inc. has a one year low of $6.52 and a one year high of $9.75. The business has a fifty day simple moving average of $8.32 and a 200 day simple moving average of $8.20.

Cornerstone Total Return Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.1168 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 18.76%. The ex-dividend date of this dividend is Tuesday, April 15th.

Cornerstone Total Return Fund Profile

Cornerstone Total Return Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies across all market capitalizations.