Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) Shares Acquired by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC increased its holdings in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 55.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,288 shares of the investment management company’s stock after buying an additional 19,358 shares during the period. Garden State Investment Advisory Services LLC’s holdings in Cornerstone Strategic Value Fund were worth $418,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Voisard Asset Management Group Inc. acquired a new stake in Cornerstone Strategic Value Fund in the 2nd quarter valued at about $72,000. Choreo LLC acquired a new stake in Cornerstone Strategic Value Fund in the second quarter valued at approximately $125,000. StoneX Group Inc. purchased a new position in Cornerstone Strategic Value Fund in the fourth quarter worth approximately $144,000. Wedbush Securities Inc. grew its holdings in Cornerstone Strategic Value Fund by 50.4% during the 2nd quarter. Wedbush Securities Inc. now owns 20,900 shares of the investment management company’s stock worth $161,000 after acquiring an additional 7,000 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. increased its position in shares of Cornerstone Strategic Value Fund by 25.7% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 22,200 shares of the investment management company’s stock valued at $171,000 after purchasing an additional 4,537 shares during the last quarter.

Cornerstone Strategic Value Fund Stock Up 0.1 %

Shares of NYSEAMERICAN CLM opened at $7.53 on Friday. The business’s 50-day simple moving average is $7.39. Cornerstone Strategic Value Fund, Inc. has a 1 year low of $6.25 and a 1 year high of $8.11.

Cornerstone Strategic Value Fund Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a $0.1086 dividend. The ex-dividend date of this dividend is Tuesday, October 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.