Perennial Investment Advisors LLC Boosts Stock Position in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Perennial Investment Advisors LLC boosted its holdings in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 3.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 394,021 shares of the investment management company’s stock after acquiring an additional 13,588 shares during the quarter. Perennial Investment Advisors LLC’s holdings in Cornerstone Strategic Value Fund were worth $3,034,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC lifted its holdings in shares of Cornerstone Strategic Value Fund by 27.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 43,857 shares of the investment management company’s stock worth $315,000 after buying an additional 9,500 shares during the period. StoneX Group Inc. purchased a new stake in shares of Cornerstone Strategic Value Fund in the 4th quarter worth $144,000. SeaCrest Wealth Management LLC raised its position in shares of Cornerstone Strategic Value Fund by 37.9% in the 1st quarter. SeaCrest Wealth Management LLC now owns 46,928 shares of the investment management company’s stock worth $353,000 after acquiring an additional 12,901 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of Cornerstone Strategic Value Fund by 2.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 175,745 shares of the investment management company’s stock worth $1,322,000 after acquiring an additional 4,580 shares in the last quarter. Finally, Clarity Capital Partners LLC raised its position in shares of Cornerstone Strategic Value Fund by 3.3% in the 1st quarter. Clarity Capital Partners LLC now owns 89,547 shares of the investment management company’s stock worth $673,000 after acquiring an additional 2,850 shares in the last quarter.

Cornerstone Strategic Value Fund Price Performance

CLM opened at $7.53 on Tuesday. Cornerstone Strategic Value Fund, Inc. has a 12 month low of $6.25 and a 12 month high of $8.14. The stock has a fifty day moving average of $7.38.

Cornerstone Strategic Value Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be given a $0.1086 dividend. The ex-dividend date is Tuesday, October 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.