Measured Wealth Private Client Group LLC Invests $874,000 in Cornerstone Strategic Value Fund Inc. (NYSEAMERICAN:CLM)

Measured Wealth Private Client Group LLC purchased a new position in shares of Cornerstone Strategic Value Fund Inc. (NYSEAMERICAN:CLM) in the 2nd quarter, Holdings Channel reports. The firm purchased 75,055 shares of the investment management company’s stock, valued at approximately $874,000.

Other large investors also recently made changes to their positions in the company. Ford Financial Group Inc. boosted its position in Cornerstone Strategic Value Fund by 10.0% during the second quarter. Ford Financial Group Inc. now owns 155,191 shares of the investment management company’s stock valued at $1,806,000 after acquiring an additional 14,052 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Cornerstone Strategic Value Fund in the 2nd quarter worth about $42,000. Centaurus Financial Inc. raised its holdings in shares of Cornerstone Strategic Value Fund by 90.6% in the 1st quarter. Centaurus Financial Inc. now owns 2,953 shares of the investment management company’s stock worth $242,000 after acquiring an additional 1,404 shares during the last quarter. Advisor Group Inc. raised its holdings in shares of Cornerstone Strategic Value Fund by 15.6% in the 1st quarter. Advisor Group Inc. now owns 92,615 shares of the investment management company’s stock worth $1,127,000 after acquiring an additional 12,485 shares during the last quarter. Finally, Mid Atlantic Financial Management Inc. ADV acquired a new stake in shares of Cornerstone Strategic Value Fund in the 1st quarter worth about $162,000.

CLM opened at $11.73 on Wednesday. Cornerstone Strategic Value Fund Inc. has a fifty-two week low of $9.31 and a fifty-two week high of $14.54.

The firm also recently announced a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, August 15th will be issued a $0.2053 dividend. The ex-dividend date is Wednesday, August 14th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 21.00%.

About Cornerstone Strategic Value Fund

Cornerstone Strategic Value Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, Inc 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.

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Institutional Ownership by Quarter for Cornerstone Strategic Value Fund (NYSEAMERICAN:CLM)

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