Atria Wealth Solutions Inc. Has $1.47 Million Stake in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF)

Atria Wealth Solutions Inc. increased its position in shares of Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) by 6.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 168,557 shares of the investment management company’s stock after acquiring an additional 10,272 shares during the period. Atria Wealth Solutions Inc. owned about 0.16% of Cornerstone Total Return Fund worth $1,465,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CRF. Oppenheimer & Co. Inc. acquired a new position in Cornerstone Total Return Fund in the 3rd quarter valued at approximately $120,000. Chicago Partners Investment Group LLC grew its stake in shares of Cornerstone Total Return Fund by 7.0% in the third 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 last quarter. Quarry LP acquired a new stake in Cornerstone Total Return Fund in the third quarter valued at $42,000. Grimes & Company Inc. raised its position in Cornerstone Total Return Fund by 4.9% during the 4th quarter. Grimes & Company Inc. now owns 25,556 shares of the investment management company’s stock worth $222,000 after purchasing an additional 1,193 shares during the last quarter. Finally, Virtu Financial LLC lifted its holdings in Cornerstone Total Return Fund by 70.3% during the 3rd quarter. Virtu Financial LLC now owns 18,637 shares of the investment management company’s stock worth $151,000 after buying an additional 7,696 shares during the period. Institutional investors and hedge funds own 10.41% of the company’s stock.

Cornerstone Total Return Fund Price Performance

Cornerstone Total Return Fund stock opened at $8.88 on Monday. Cornerstone Total Return Fund, Inc. has a 52-week low of $6.52 and a 52-week high of $9.75. The stock’s 50 day moving average price is $8.05.

Cornerstone Total Return Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.1168 per share. The ex-dividend date is Monday, June 16th. This represents a $1.40 annualized dividend and a dividend yield of 15.78%.

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.