Chicago Partners Investment Group LLC Increases Stake in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF)

Chicago Partners Investment Group LLC increased its holdings in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) by 7.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 74,007 shares of the investment management company’s stock after purchasing an additional 4,835 shares during the period. Chicago Partners Investment Group LLC owned approximately 0.07% of Cornerstone Total Return Fund worth $616,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in CRF. TrueMark Investments LLC bought a new stake in Cornerstone Total Return Fund during the 2nd quarter valued at $2,126,000. Raymond James & Associates increased its stake in shares of Cornerstone Total Return Fund by 330.1% in the 2nd quarter. Raymond James & Associates now owns 184,770 shares of the investment management company’s stock worth $1,450,000 after acquiring an additional 141,815 shares in the last quarter. Sea Otter Advisors LLC bought a new position in shares of Cornerstone Total Return Fund in the 2nd quarter worth about $785,000. Significant Wealth Partners LLC increased its stake in shares of Cornerstone Total Return Fund by 15.9% in the 1st quarter. Significant Wealth Partners LLC now owns 530,604 shares of the investment management company’s stock worth $3,985,000 after acquiring an additional 72,658 shares in the last quarter. Finally, BCR Wealth Strategies LLC bought a new position in shares of Cornerstone Total Return Fund in the 2nd quarter worth about $344,000. Hedge funds and other institutional investors own 10.41% of the company’s stock.

Cornerstone Total Return Fund Trading Down 0.6 %

Shares of CRF stock opened at $8.38 on Tuesday. Cornerstone Total Return Fund, Inc. has a one year low of $6.52 and a one year high of $8.49. The company’s 50-day moving average price is $7.68.

Cornerstone Total Return Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a dividend of $0.1037 per share. This represents a $1.24 annualized dividend and a yield of 14.85%. The ex-dividend date is Monday, December 16th.

Cornerstone Total Return Fund Company Profile

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.