Aptus Capital Advisors LLC Increases Stock Position in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Aptus Capital Advisors LLC raised its stake in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 44.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 195,808 shares of the investment management company’s stock after acquiring an additional 60,187 shares during the period. Aptus Capital Advisors LLC’s holdings in Cornerstone Strategic Value Fund were worth $1,504,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CLM. Voisard Asset Management Group Inc. purchased a new stake in Cornerstone Strategic Value Fund in the second quarter valued at approximately $72,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Cornerstone Strategic Value Fund in the third quarter valued at $102,000. B. Riley Wealth Advisors Inc. raised its holdings in shares of Cornerstone Strategic Value Fund by 11.4% in 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 buying an additional 1,502 shares during the period. Prairie Sky Financial Group LLC acquired a new position in Cornerstone Strategic Value Fund during the 3rd quarter worth about $120,000. Finally, Choreo LLC purchased a new position in Cornerstone Strategic Value Fund during the 2nd quarter valued at about $125,000.

Cornerstone Strategic Value Fund Stock Down 0.3 %

Shares of NYSEAMERICAN:CLM opened at $8.91 on Friday. Cornerstone Strategic Value Fund, Inc. has a 1 year low of $6.50 and a 1 year high of $9.00.

Cornerstone Strategic Value Fund Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.1224 dividend. This represents a dividend yield of 18.1%. The ex-dividend date is Friday, March 14th.

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.