SeaCrest Wealth Management LLC Has $353,000 Holdings in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

SeaCrest Wealth Management LLC grew its stake in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 37.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,928 shares of the investment management company’s stock after buying an additional 12,901 shares during the period. SeaCrest Wealth Management LLC’s holdings in Cornerstone Strategic Value Fund were worth $353,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. StoneX Group Inc. acquired a new stake in shares of Cornerstone Strategic Value Fund in the fourth quarter worth about $144,000. Steward Partners Investment Advisory LLC increased its stake in shares of Cornerstone Strategic Value Fund by 27.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 43,857 shares of the investment management company’s stock worth $315,000 after purchasing an additional 9,500 shares during the period. Raymond James Trust N.A. increased its stake in shares of Cornerstone Strategic Value Fund by 23.6% in the fourth quarter. Raymond James Trust N.A. now owns 40,229 shares of the investment management company’s stock worth $289,000 after purchasing an additional 7,671 shares during the period. Pasadena Private Wealth LLC increased its stake in shares of Cornerstone Strategic Value Fund by 94.4% in the fourth quarter. Pasadena Private Wealth LLC now owns 37,261 shares of the investment management company’s stock worth $268,000 after purchasing an additional 18,091 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its stake in shares of Cornerstone Strategic Value Fund by 15.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 85,868 shares of the investment management company’s stock worth $617,000 after purchasing an additional 11,202 shares during the period.

Cornerstone Strategic Value Fund Stock Performance

Cornerstone Strategic Value Fund stock opened at $7.74 on Thursday. Cornerstone Strategic Value Fund, Inc. has a 52 week low of $6.25 and a 52 week high of $8.84. The business has a 50-day simple moving average of $7.34.

Cornerstone Strategic Value Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, July 31st. Investors of record on Monday, July 15th will be paid a dividend of $0.1086 per share. The ex-dividend date is Monday, July 15th.

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.