International Assets Investment Management LLC Acquires Shares of 27,264 Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

International Assets Investment Management LLC acquired a new stake in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 27,264 shares of the investment management company’s stock, valued at approximately $209,000.

Other institutional investors also recently bought and sold shares of the company. Voisard Asset Management Group Inc. acquired a new position in Cornerstone Strategic Value Fund in the 2nd quarter valued at $72,000. B. Riley Wealth Advisors Inc. grew 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 period. Prairie Sky Financial Group LLC acquired a new position in shares of Cornerstone Strategic Value Fund during the 3rd quarter worth $120,000. Choreo LLC acquired a new position in shares of Cornerstone Strategic Value Fund during the 2nd quarter worth $125,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of Cornerstone Strategic Value Fund during the 2nd quarter worth $143,000.

Cornerstone Strategic Value Fund Stock Performance

NYSEAMERICAN:CLM opened at $8.28 on Thursday. Cornerstone Strategic Value Fund, Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $8.28. The stock’s fifty day moving average is $7.41.

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 given a $0.1224 dividend. The ex-dividend date is Friday, March 14th. This represents a dividend yield of 18.1%.

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.