Thrivent Financial for Lutherans Has $983,000 Position in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Thrivent Financial for Lutherans cut its position in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 27.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,452 shares of the investment management company’s stock after selling 42,803 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Cornerstone Strategic Value Fund were worth $983,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CLM. Strategic Financial Concepts LLC raised its position in shares of Cornerstone Strategic Value Fund by 784.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 641,244 shares of the investment management company’s stock valued at $5,508,000 after buying an additional 568,744 shares in the last quarter. Raymond James Financial Inc. bought a new position in Cornerstone Strategic Value Fund during the 4th quarter worth $2,678,000. Benjamin Edwards Inc. bought a new position in Cornerstone Strategic Value Fund during the 3rd quarter worth $1,367,000. HighTower Advisors LLC acquired a new position in Cornerstone Strategic Value Fund in the 4th quarter valued at $1,022,000. Finally, Winebrenner Capital Management LLC bought a new stake in shares of Cornerstone Strategic Value Fund during the 4th quarter valued at $931,000.

Cornerstone Strategic Value Fund Trading Up 0.1 %

CLM opened at $7.44 on Wednesday. The stock’s fifty day moving average is $8.27. Cornerstone Strategic Value Fund, Inc. has a 52-week low of $6.50 and a 52-week high of $9.30.

Cornerstone Strategic Value Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be issued a $0.1224 dividend. The ex-dividend date of this dividend is Tuesday, April 15th.

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.