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2023-01-07 17:21
Private Advisor Group LLC lessened its holdings in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM – Get Rating) by 16.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,903 shares of the investment management company's stock after selling 5,420 shares during the period. Private Advisor Group LLC's holdings in Cornerstone Strategic Value Fund were worth $231,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in the business. Sit Investment Associates Inc. raised its stake in Cornerstone Strategic Value Fund by 49,551.4% in the 2nd quarter. Sit Investment Associates Inc. now owns 17,377,976 shares of the investment management company's stock valued at $149,103,000 after acquiring an additional 17,342,976 shares during the period. Ursa Fund Management LLC bought a new stake in Cornerstone Strategic Value Fund in the 2nd quarter valued at $24,178,000. Centaurus Financial Inc. raised its stake in Cornerstone Strategic Value Fund by 18.8% in the 2nd quarter. Centaurus Financial Inc. now owns 1,994,408 shares of the investment management company's stock valued at $17,112,000 after acquiring an additional 315,152 shares during the period. Yakira Capital Management Inc. bought a new position in Cornerstone Strategic Value Fund during the 2nd quarter worth $14,129,000. Finally, Advisor Group Holdings Inc. lifted its holdings in shares of Cornerstone Strategic Value Fund by 107.2% during the second quarter. Advisor Group Holdings Inc. now owns 1,425,542 shares of the investment management company's stock worth $12,231,000 after buying an additional 737,491 shares in the last quarter. Institutional investors own 52.94% of the company's stock.
Get Cornerstone Strategic Value Fund alerts:CLM opened at $7.79 on Friday. Cornerstone Strategic Value Fund, Inc. has a fifty-two week low of $7.20 and a fifty-two week high of $14.60.
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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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