Cwm LLC Sells 59,475 Shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Cwm LLC reduced its position in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 69.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,084 shares of the investment management company’s stock after selling 59,475 shares during the period. Cwm LLC’s holdings in Cornerstone Strategic Value Fund were worth $200,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of CLM. SeaCrest Wealth Management LLC grew its holdings in shares of Cornerstone Strategic Value Fund by 37.9% during the first quarter. SeaCrest Wealth Management LLC now owns 46,928 shares of the investment management company’s stock worth $353,000 after buying an additional 12,901 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Cornerstone Strategic Value Fund by 2.7% during the first quarter. Commonwealth Equity Services LLC now owns 175,745 shares of the investment management company’s stock worth $1,322,000 after buying an additional 4,580 shares in the last quarter. StoneX Group Inc. grew its holdings in shares of Cornerstone Strategic Value Fund by 84.9% during the first quarter. StoneX Group Inc. now owns 36,418 shares of the investment management company’s stock worth $274,000 after buying an additional 16,718 shares in the last quarter. Clarity Capital Partners LLC grew its holdings in shares of Cornerstone Strategic Value Fund by 3.3% during the first quarter. Clarity Capital Partners LLC now owns 89,547 shares of the investment management company’s stock worth $673,000 after buying an additional 2,850 shares in the last quarter. Finally, Capital Wealth Alliance LLC grew its holdings in shares of Cornerstone Strategic Value Fund by 25.9% during the first quarter. Capital Wealth Alliance LLC now owns 50,680 shares of the investment management company’s stock worth $381,000 after buying an additional 10,432 shares in the last quarter.

Cornerstone Strategic Value Fund Stock Up 0.1 %

CLM stock opened at $8.01 on Wednesday. The company has a 50 day moving average of $7.40. Cornerstone Strategic Value Fund, Inc. has a twelve month low of $6.25 and a twelve month high of $8.17.

Cornerstone Strategic Value Fund Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.1086 dividend. The ex-dividend date is Friday, November 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.