Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) Shares Sold by Virtu Financial LLC

Virtu Financial LLC lessened its stake in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 24.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 27,058 shares of the investment management company’s stock after selling 8,608 shares during the period. Virtu Financial LLC’s holdings in Cornerstone Strategic Value Fund were worth $232,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV lifted its position in shares of Cornerstone Strategic Value Fund by 1.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 90,367 shares of the investment management company’s stock worth $776,000 after purchasing an additional 1,631 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Cornerstone Strategic Value Fund by 14.3% during the 4th quarter. Oppenheimer & Co. Inc. now owns 15,970 shares of the investment management company’s stock worth $137,000 after buying an additional 2,000 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in Cornerstone Strategic Value Fund by 3.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 74,650 shares of the investment management company’s stock valued at $641,000 after buying an additional 2,150 shares during the period. Larson Financial Group LLC grew its stake in shares of Cornerstone Strategic Value Fund by 51.4% in the third quarter. Larson Financial Group LLC now owns 6,767 shares of the investment management company’s stock worth $52,000 after acquiring an additional 2,296 shares in the last quarter. Finally, Encompass More Asset Management increased its position in shares of Cornerstone Strategic Value Fund by 4.8% during the fourth quarter. Encompass More Asset Management now owns 75,751 shares of the investment management company’s stock worth $651,000 after acquiring an additional 3,459 shares during the period.

Cornerstone Strategic Value Fund Stock Performance

Shares of NYSEAMERICAN CLM opened at $7.39 on Friday. Cornerstone Strategic Value Fund, Inc. has a 12-month low of $6.50 and a 12-month high of $9.30. The company has a fifty day moving average of $8.31.

Cornerstone Strategic Value Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be paid a $0.1224 dividend. The ex-dividend date of this dividend is Tuesday, April 15th.

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.