StoneX Group Inc. Purchases 23,921 Shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

StoneX Group Inc. boosted its position in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 39.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 84,325 shares of the investment management company’s stock after purchasing an additional 23,921 shares during the quarter. StoneX Group Inc.’s holdings in Cornerstone Strategic Value Fund were worth $724,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC lifted its holdings in shares of Cornerstone Strategic Value Fund by 784.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 641,244 shares of the investment management company’s stock valued at $5,508,000 after purchasing an additional 568,744 shares in the last quarter. LPL Financial LLC lifted its stake in Cornerstone Strategic Value Fund by 37.2% in the fourth quarter. LPL Financial LLC now owns 1,306,485 shares of the investment management company’s stock valued at $11,223,000 after buying an additional 354,086 shares in the last quarter. Raymond James Financial Inc. bought a new position in Cornerstone Strategic Value Fund in the fourth quarter valued at approximately $2,678,000. Benjamin Edwards Inc. acquired a new position in shares of Cornerstone Strategic Value Fund in the third quarter valued at approximately $1,367,000. Finally, HighTower Advisors LLC bought a new stake in shares of Cornerstone Strategic Value Fund during the fourth quarter worth $1,022,000.

Cornerstone Strategic Value Fund Stock Performance

Shares of NYSEAMERICAN:CLM opened at $7.48 on Thursday. Cornerstone Strategic Value Fund, Inc. has a 12 month low of $6.50 and a 12 month high of $9.30. The company’s fifty day simple moving average is $8.25 and its 200 day simple moving average is $8.06.

Cornerstone Strategic Value Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be issued a $0.1224 dividend. The ex-dividend date of this dividend is Tuesday, April 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.