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

Garden State Investment Advisory Services LLC boosted its holdings in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 11.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,341 shares of the investment management company’s stock after buying an additional 6,053 shares during the period. Garden State Investment Advisory Services LLC’s holdings in Cornerstone Strategic Value Fund were worth $464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in Cornerstone Strategic Value Fund by 64.0% during the 2nd quarter. Cetera Investment Advisers now owns 457,175 shares of the investment management company’s stock worth $3,520,000 after acquiring an additional 178,437 shares during the period. J.W. Cole Advisors Inc. acquired a new stake in shares of Cornerstone Strategic Value Fund during the third quarter worth about $600,000. Aptus Capital Advisors LLC lifted its holdings in shares of Cornerstone Strategic Value Fund by 44.4% during the third quarter. Aptus Capital Advisors LLC now owns 195,808 shares of the investment management company’s stock worth $1,504,000 after purchasing an additional 60,187 shares during the period. Doliver Advisors LP purchased a new stake in Cornerstone Strategic Value Fund in the third quarter valued at approximately $2,206,000. Finally, 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 worth $39,000 after buying an additional 452,790 shares during the period.

Cornerstone Strategic Value Fund Price Performance

CLM opened at $8.98 on Monday. Cornerstone Strategic Value Fund, Inc. has a 12-month low of $6.50 and a 12-month high of $9.01.

Cornerstone Strategic Value Fund Announces Dividend

The business also recently declared a — dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.1224 per share. This represents a 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.