Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its holdings in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 200,102 shares of the investment management company’s stock after buying an additional 3,782 shares during the period. Commonwealth Equity Services LLC owned approximately 0.19% of Cornerstone Total Return Fund worth $1,739,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in Cornerstone Total Return Fund in the 4th quarter valued at $1,470,000. Atria Wealth Solutions Inc. grew its holdings in shares of Cornerstone Total Return Fund by 6.5% in the fourth quarter. Atria Wealth Solutions Inc. now owns 168,557 shares of the investment management company’s stock valued at $1,465,000 after purchasing an additional 10,272 shares during the period. Winebrenner Capital Management LLC purchased a new stake in shares of Cornerstone Total Return Fund in the fourth quarter valued at about $956,000. Chicago Partners Investment Group LLC increased its position in Cornerstone Total Return Fund by 4.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 77,104 shares of the investment management company’s stock worth $687,000 after purchasing an additional 3,097 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake in Cornerstone Total Return Fund by 21.8% during the third quarter. Rockefeller Capital Management L.P. now owns 44,295 shares of the investment management company’s stock worth $358,000 after purchasing an additional 7,935 shares during the period. 10.41% of the stock is currently owned by institutional investors and hedge funds.

Cornerstone Total Return Fund Price Performance

CRF stock opened at $7.17 on Friday. Cornerstone Total Return Fund, Inc. has a 52-week low of $6.52 and a 52-week high of $9.75. The business has a fifty day moving average of $8.24 and a two-hundred day moving average of $8.19.

Cornerstone Total Return Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be given a dividend of $0.1168 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 19.55%.

About Cornerstone Total Return Fund

Cornerstone Total Return Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies across all market capitalizations.