Virtu Financial LLC Lowers Stock Holdings in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Virtu Financial LLC lessened its holdings in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 43.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 35,666 shares of the investment management company’s stock after selling 27,036 shares during the period. Virtu Financial LLC’s holdings in Cornerstone Strategic Value Fund were worth $274,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Planning Capital Management Corp lifted its holdings in shares of Cornerstone Strategic Value Fund by 2,598.4% in the third quarter. Planning Capital Management Corp now owns 3,481 shares of the investment management company’s stock worth $27,000 after buying an additional 3,352 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in Cornerstone Strategic Value Fund by 800.0% in 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. Larson Financial Group LLC lifted its stake in Cornerstone Strategic Value Fund by 51.4% in the 3rd quarter. Larson Financial Group LLC now owns 6,767 shares of the investment management company’s stock worth $52,000 after purchasing an additional 2,296 shares in the last quarter. Townsquare Capital LLC bought a new position in shares of Cornerstone Strategic Value Fund during the 3rd quarter valued at about $83,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of Cornerstone Strategic Value Fund during the third quarter valued at about $102,000.

Cornerstone Strategic Value Fund Price Performance

NYSEAMERICAN:CLM opened at $8.26 on Wednesday. Cornerstone Strategic Value Fund, Inc. has a 12 month low of $6.50 and a 12 month high of $9.30.

Cornerstone Strategic Value Fund Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.1224 per share. This is a boost from Cornerstone Strategic Value Fund’s previous dividend of $0.11. The ex-dividend date of this dividend is Wednesday, January 15th.

Cornerstone Strategic Value Fund 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.