Private Advisor Group LLC Raises Stake in Cornerstone Strategic Value Fund Inc. (NYSEAMERICAN:CLM)

Private Advisor Group LLC grew its stake in shares of Cornerstone Strategic Value Fund Inc. (NYSEAMERICAN:CLM) by 152.2% in the second quarter, Holdings Channel reports. The firm owned 64,460 shares of the investment management company’s stock after acquiring an additional 38,904 shares during the period. Private Advisor Group LLC’s holdings in Cornerstone Strategic Value Fund were worth $750,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cetera Advisor Networks LLC lifted its stake in Cornerstone Strategic Value Fund by 9.1% in the second quarter. Cetera Advisor Networks LLC now owns 16,869 shares of the investment management company’s stock worth $197,000 after acquiring an additional 1,400 shares during the period. LPL Financial LLC lifted its stake in Cornerstone Strategic Value Fund by 63.8% in the second quarter. LPL Financial LLC now owns 19,680 shares of the investment management company’s stock worth $229,000 after acquiring an additional 7,667 shares during the period. Rockefeller Capital Management L.P. purchased a new stake in Cornerstone Strategic Value Fund in the second quarter worth about $66,000. Mid Atlantic Financial Management Inc. ADV lifted its stake in Cornerstone Strategic Value Fund by 54.1% in the second quarter. Mid Atlantic Financial Management Inc. ADV now owns 20,500 shares of the investment management company’s stock worth $239,000 after acquiring an additional 7,200 shares during the period. Finally, Advisor Group Inc. lifted its stake in Cornerstone Strategic Value Fund by 10.5% in the second quarter. Advisor Group Inc. now owns 102,333 shares of the investment management company’s stock worth $1,191,000 after acquiring an additional 9,718 shares during the period.

NYSEAMERICAN:CLM traded down $0.13 during mid-day trading on Wednesday, reaching $11.11. The company’s stock had a trading volume of 34,937 shares, compared to its average volume of 418,044. Cornerstone Strategic Value Fund Inc. has a 1 year low of $9.31 and a 1 year high of $14.15.



Cornerstone Strategic Value Fund Company Profile

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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