Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC increased its stake in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 303.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,292 shares of the investment management company’s stock after purchasing an additional 32,567 shares during the period. Jane Street Group LLC’s holdings in Cornerstone Strategic Value Fund were worth $332,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sea Otter Advisors LLC purchased a new stake in shares of Cornerstone Strategic Value Fund in the second quarter valued at $3,850,000. Strategic Financial Concepts LLC increased its stake in shares of Cornerstone Strategic Value Fund by 800.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 509,390 shares of the investment management company’s stock valued at $39,000 after acquiring an additional 452,790 shares during the last quarter. Doliver Advisors LP purchased a new position in shares of Cornerstone Strategic Value Fund during the 3rd quarter worth about $2,206,000. Cetera Investment Advisers boosted its position in shares of Cornerstone Strategic Value Fund by 64.0% in the second quarter. Cetera Investment Advisers now owns 457,175 shares of the investment management company’s stock worth $3,520,000 after acquiring an additional 178,437 shares during the last quarter. Finally, Benjamin Edwards Inc. purchased a new stake in Cornerstone Strategic Value Fund in the third quarter valued at approximately $1,367,000.

Cornerstone Strategic Value Fund Stock Up 0.5 %

CLM opened at $8.74 on Friday. Cornerstone Strategic Value Fund, Inc. has a 1 year low of $6.50 and a 1 year high of $9.30.

Cornerstone Strategic Value Fund Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be given a $0.1224 dividend. This is an increase from Cornerstone Strategic Value Fund’s previous dividend of $0.11. The ex-dividend date is Wednesday, January 15th.

About Cornerstone Strategic Value Fund

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.