Centaurus Financial Inc. Sells 143,881 Shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Centaurus Financial Inc. lessened its stake in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 38.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 230,148 shares of the investment management company’s stock after selling 143,881 shares during the quarter. Centaurus Financial Inc.’s holdings in Cornerstone Strategic Value Fund were worth $1,768,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cetera Investment Advisers raised its position 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 acquiring an additional 256,698 shares during the last quarter. Cetera Advisors LLC lifted its position in Cornerstone Strategic Value Fund by 80.4% during the 1st quarter. Cetera Advisors LLC now owns 91,153 shares of the investment management company’s stock valued at $685,000 after purchasing an additional 40,631 shares during the period. CWM LLC raised its position in shares of Cornerstone Strategic Value Fund by 3.6% during the 2nd quarter. CWM LLC now owns 85,559 shares of the investment management company’s stock valued at $659,000 after acquiring an additional 2,972 shares during the last quarter. Voisard Asset Management Group Inc. acquired a new position in shares of Cornerstone Strategic Value Fund in the 2nd quarter valued at $72,000. Finally, Redhawk Wealth Advisors Inc. boosted its position in shares of 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 worth $171,000 after purchasing an additional 4,537 shares during the last quarter.

Cornerstone Strategic Value Fund Price Performance

NYSEAMERICAN CLM opened at $8.79 on Monday. Cornerstone Strategic Value Fund, Inc. has a 12 month low of $6.50 and a 12 month high of $9.00.

Cornerstone Strategic Value Fund Dividend Announcement

The company also recently declared a — dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.1224 dividend. The ex-dividend date is Friday, March 14th. This represents a dividend yield of 18.1%.

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.