Oppenheimer & Co. Inc. Invests $107,000 in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Oppenheimer & Co. Inc. bought a new position in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 13,970 shares of the investment management company’s stock, valued at approximately $107,000.

Several other hedge funds also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. boosted its holdings in 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 worth $113,000 after buying an additional 1,502 shares during the period. Dakota Wealth Management boosted its holdings in shares of Cornerstone Strategic Value Fund by 3.1% during the 2nd quarter. Dakota Wealth Management now owns 83,777 shares of the investment management company’s stock valued at $645,000 after purchasing an additional 2,492 shares during the last quarter. CWM LLC boosted its holdings in shares of Cornerstone Strategic Value Fund by 3.6% during the 2nd quarter. CWM LLC now owns 85,559 shares of the investment management company’s stock valued at $659,000 after purchasing an additional 2,972 shares during the last quarter. Atria Wealth Solutions Inc. boosted its holdings in shares of Cornerstone Strategic Value Fund by 1.5% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 229,849 shares of the investment management company’s stock valued at $1,770,000 after purchasing an additional 3,450 shares during the last quarter. Finally, Raymond James Trust N.A. boosted its holdings in shares of Cornerstone Strategic Value Fund by 9.1% during the 2nd quarter. Raymond James Trust N.A. now owns 43,303 shares of the investment management company’s stock valued at $333,000 after purchasing an additional 3,602 shares during the last quarter.

Cornerstone Strategic Value Fund Stock Performance

CLM opened at $8.79 on Friday. Cornerstone Strategic Value Fund, Inc. has a 52 week low of $6.50 and a 52 week high of $9.00.

Cornerstone Strategic Value Fund Announces Dividend

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

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.