Creative Financial Designs Inc. ADV Grows Stock Holdings in Cornerstone Strategic Investment Fund, Inc. $CLM

Creative Financial Designs Inc. ADV raised its stake in Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) by 15.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 81,742 shares of the investment management company’s stock after buying an additional 10,767 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Cornerstone Strategic Investment Fund were worth $664,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Banque Transatlantique SA bought a new stake in shares of Cornerstone Strategic Investment Fund in the 1st quarter valued at about $28,000. Farther Finance Advisors LLC boosted its holdings in shares of Cornerstone Strategic Investment Fund by 55.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,804 shares of the investment management company’s stock valued at $39,000 after acquiring an additional 1,715 shares during the last quarter. AlphaCore Capital LLC purchased a new stake in shares of Cornerstone Strategic Investment Fund in the 1st quarter valued at $74,000. Meridian Wealth Management LLC purchased a new stake in shares of Cornerstone Strategic Investment Fund in the 1st quarter valued at $74,000. Finally, RPG Investment Advisory LLC purchased a new stake in Cornerstone Strategic Investment Fund during the first quarter worth $74,000.

Cornerstone Strategic Investment Fund Price Performance

Shares of NYSEAMERICAN CLM opened at $8.35 on Friday. The company’s fifty day moving average price is $8.23 and its 200 day moving average price is $7.90. Cornerstone Strategic Investment Fund, Inc. has a 1 year low of $6.16 and a 1 year high of $9.30.

Cornerstone Strategic Investment Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a dividend of $0.1224 per share. This represents a c) annualized dividend and a yield of 17.6%. The ex-dividend date of this dividend is Monday, December 15th.

Cornerstone Strategic Investment 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.