Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) Shares Sold by Clarity Capital Partners LLC

Clarity Capital Partners LLC trimmed its position in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,226 shares of the investment management company’s stock after selling 2,564 shares during the quarter. Clarity Capital Partners LLC’s holdings in Cornerstone Strategic Value Fund were worth $380,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CLM. Soltis Investment Advisors LLC raised its position in Cornerstone Strategic Value Fund by 55.9% in the fourth quarter. Soltis Investment Advisors LLC now owns 20,730 shares of the investment management company’s stock worth $178,000 after acquiring an additional 7,430 shares in the last quarter. Kingsview Wealth Management LLC acquired a new position in shares of Cornerstone Strategic Value Fund during the 4th quarter worth $86,000. Strategic Financial Concepts LLC increased its holdings in shares of Cornerstone Strategic Value Fund by 784.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 641,244 shares of the investment management company’s stock valued at $5,508,000 after purchasing an additional 568,744 shares in the last quarter. Stratos Wealth Partners LTD. acquired a new stake in shares of Cornerstone Strategic Value Fund in the fourth quarter valued at about $310,000. Finally, DAVENPORT & Co LLC purchased a new stake in Cornerstone Strategic Value Fund during the fourth quarter worth about $110,000.

Cornerstone Strategic Value Fund Stock Performance

Shares of CLM opened at $9.01 on Thursday. Cornerstone Strategic Value Fund, Inc. has a twelve month low of $6.50 and a twelve month high of $9.30.

Cornerstone Strategic Value Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a $0.1224 dividend. This represents a $1.47 dividend on an annualized basis and a dividend yield of 16.30%. The ex-dividend date of this dividend is Monday, June 16th.

Cornerstone Strategic Value Fund Company 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.