Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) Shares Bought by Virtu Financial LLC

Virtu Financial LLC grew its position in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) by 70.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,637 shares of the investment management company’s stock after purchasing an additional 7,696 shares during the period. Virtu Financial LLC’s holdings in Cornerstone Total Return Fund were worth $151,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Quarry LP acquired a new position in Cornerstone Total Return Fund during the third quarter valued at approximately $42,000. Rockefeller Capital Management L.P. raised its stake in shares of Cornerstone Total Return Fund by 21.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 44,295 shares of the investment management company’s stock valued at $358,000 after acquiring an additional 7,935 shares during the period. Main Street Financial Solutions LLC lifted its holdings in shares of Cornerstone Total Return Fund by 6.7% during the 3rd quarter. Main Street Financial Solutions LLC now owns 46,143 shares of the investment management company’s stock valued at $373,000 after acquiring an additional 2,896 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in shares of Cornerstone Total Return Fund during the 3rd quarter valued at $120,000. Finally, Chicago Partners Investment Group LLC boosted its position in Cornerstone Total Return Fund by 7.0% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 74,007 shares of the investment management company’s stock worth $616,000 after purchasing an additional 4,835 shares during the period. Hedge funds and other institutional investors own 10.41% of the company’s stock.

Cornerstone Total Return Fund Stock Performance

NYSEAMERICAN:CRF opened at $8.38 on Thursday. The firm has a 50-day moving average of $7.91. Cornerstone Total Return Fund, Inc. has a 12 month low of $6.52 and a 12 month high of $9.75.

Cornerstone Total Return Fund Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be issued a dividend of $0.1168 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.40 annualized dividend and a dividend yield of 16.73%.

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.