Garden State Investment Advisory Services LLC Grows Holdings in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Garden State Investment Advisory Services LLC grew its stake in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 11.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,341 shares of the investment management company’s stock after purchasing an additional 6,053 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in Cornerstone Strategic Value Fund were worth $464,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Planning Capital Management Corp grew its stake in 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 purchasing an additional 3,352 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of Cornerstone Strategic Value Fund by 800.0% during the second quarter. Strategic Financial Concepts LLC now owns 509,390 shares of the investment management company’s stock valued at $39,000 after buying an additional 452,790 shares during the period. Larson Financial Group LLC raised its holdings in shares of Cornerstone Strategic Value Fund by 51.4% in the third quarter. Larson Financial Group LLC now owns 6,767 shares of the investment management company’s stock valued at $52,000 after acquiring an additional 2,296 shares in the last quarter. Voisard Asset Management Group Inc. purchased a new stake in Cornerstone Strategic Value Fund in the second quarter worth about $72,000. Finally, Townsquare Capital LLC bought a new position in Cornerstone Strategic Value Fund during the 3rd quarter worth about $83,000.

Cornerstone Strategic Value Fund Price Performance

Cornerstone Strategic Value Fund stock opened at $8.98 on Monday. Cornerstone Strategic Value Fund, Inc. has a twelve month low of $6.50 and a twelve month high of $9.01.

Cornerstone Strategic Value Fund Dividend Announcement

The business also recently disclosed a — dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.1224 per share. This represents a dividend yield of 18.1%. The ex-dividend date is Friday, March 14th.

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.