Cornerstone Strategic Value Fund (NYSEAMERICAN:CLM) Stock Passes Above 200 Day Moving Average – What’s Next?

Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $8.60. Cornerstone Strategic Value Fund shares last traded at $8.58, with a volume of 642,205 shares trading hands. Cornerstone Strategic [...]

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Cornerstone Strategic Value Fund, Inc. ( NYSEAMERICAN:CLM – Get Free Report ) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.

00 and traded as high as $8.60. Cornerstone Strategic Value Fund shares last traded at $8.



58, with a volume of 642,205 shares trading hands. Cornerstone Strategic Value Fund Trading Up 1.1 % Cornerstone Strategic Value Fund Increases Dividend The firm also recently announced a dividend, which will be paid on Friday, January 31st.

Stockholders of record on Wednesday, January 15th will be given a dividend of $0.1224 per share. The ex-dividend date of this dividend is Wednesday, January 15th.

This is an increase from Cornerstone Strategic Value Fund’s previous dividend of $0.11. Institutional Investors Weigh In On Cornerstone Strategic Value Fund Institutional investors and hedge funds have recently made changes to their positions in the business.

B. Riley Wealth Advisors Inc. lifted its stake in Cornerstone Strategic Value Fund by 11.

4% during the 2nd quarter. B. Riley Wealth Advisors Inc.

now owns 14,676 shares of the investment management company’s stock valued at $113,000 after acquiring an additional 1,502 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Cornerstone Strategic Value Fund by 51.4% during the third quarter.

Larson Financial Group LLC now owns 6,767 shares of the investment management company’s stock worth $52,000 after purchasing an additional 2,296 shares during the last quarter. Planning Capital Management Corp grew its position in Cornerstone Strategic Value Fund by 2,598.4% in the 3rd quarter.

Planning Capital Management Corp now owns 3,481 shares of the investment management company’s stock worth $27,000 after purchasing an additional 3,352 shares in the last quarter. Raymond James Trust N.A.

grew its position in Cornerstone Strategic Value Fund by 9.1% in the 2nd quarter. Raymond James Trust N.

A. now owns 43,303 shares of the investment management company’s stock worth $333,000 after purchasing an additional 3,602 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in Cornerstone Strategic Value Fund by 8.

4% in the 3rd quarter. Private Advisor Group LLC now owns 56,996 shares of the investment management company’s stock valued at $438,000 after buying an additional 4,395 shares during the last quarter. Cornerstone Strategic Value Fund Company 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.

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