StoneX Group Inc. Has $724,000 Holdings in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

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

Several other institutional investors have also recently bought and sold shares of the business. IFP Advisors Inc acquired a new position in shares of Cornerstone Strategic Value Fund during the fourth quarter worth approximately $37,000. Anfield Capital Management LLC bought a new position in Cornerstone Strategic Value Fund in the 4th quarter valued at $56,000. Assetmark Inc. acquired a new stake in shares of Cornerstone Strategic Value Fund in the 4th quarter valued at $60,000. Townsquare Capital LLC bought a new stake in shares of Cornerstone Strategic Value Fund during the third quarter worth $83,000. Finally, Kingsview Wealth Management LLC bought a new position in Cornerstone Strategic Value Fund in the fourth quarter valued at about $86,000.

Cornerstone Strategic Value Fund Trading Up 0.5 %

Shares of CLM stock 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 stock has a 50-day moving average price of $8.25 and a 200 day moving average price of $8.06.

Cornerstone Strategic Value Fund Dividend Announcement

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

Cornerstone Strategic Value Fund Profile

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.