Private Advisor Group LLC Purchases 4,395 Shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Private Advisor Group LLC grew its position in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 8.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 56,996 shares of the investment management company’s stock after purchasing an additional 4,395 shares during the quarter. Private Advisor Group LLC’s holdings in Cornerstone Strategic Value Fund were worth $438,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of CLM. Strategic Financial Concepts LLC raised its holdings in Cornerstone Strategic Value Fund by 800.0% during the second quarter. Strategic Financial Concepts LLC now owns 509,390 shares of the investment management company’s stock worth $39,000 after buying an additional 452,790 shares during the last quarter. Voisard Asset Management Group Inc. purchased a new stake in Cornerstone Strategic Value Fund during the second quarter worth about $72,000. B. Riley Wealth Advisors Inc. increased its stake in shares of 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 worth $113,000 after purchasing an additional 1,502 shares during the last quarter. Prairie Sky Financial Group LLC bought a new position in Cornerstone Strategic Value Fund during the third quarter valued at $120,000. Finally, Choreo LLC bought a new stake in shares of Cornerstone Strategic Value Fund in the second quarter valued at $125,000.

Cornerstone Strategic Value Fund Stock Performance

Shares of CLM opened at $8.09 on Tuesday. Cornerstone Strategic Value Fund, Inc. has a 1 year low of $6.50 and a 1 year high of $8.17. The company has a fifty day moving average price of $7.41.

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.