Wealth Enhancement Advisory Services LLC Invests $102,000 in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 13,297 shares of the investment management company’s stock, valued at approximately $102,000.

Other large investors have also made changes to their positions in the company. Strategic Financial Concepts LLC boosted its position in Cornerstone Strategic Value Fund by 800.0% during the second quarter. Strategic Financial Concepts LLC now owns 509,390 shares of the investment management company’s stock worth $39,000 after acquiring an additional 452,790 shares during the last quarter. Voisard Asset Management Group Inc. acquired a new stake in shares of Cornerstone Strategic Value Fund during the second quarter worth $72,000. B. Riley Wealth Advisors Inc. grew its position in shares of Cornerstone Strategic Value Fund by 11.4% in the second quarter. B. Riley Wealth Advisors Inc. now owns 14,676 shares of the investment management company’s stock valued at $113,000 after purchasing an additional 1,502 shares during the period. Prairie Sky Financial Group LLC purchased a new stake in shares of Cornerstone Strategic Value Fund in the third quarter valued at $120,000. Finally, Choreo LLC acquired a new position in Cornerstone Strategic Value Fund in the second quarter valued at $125,000.

Cornerstone Strategic Value Fund Trading Up 2.0 %

Shares of NYSEAMERICAN:CLM opened at $8.84 on Wednesday. The stock has a 50-day simple moving average of $7.42. Cornerstone Strategic Value Fund, Inc. has a 12-month low of $6.50 and a 12-month high of $8.85.

Cornerstone Strategic Value Fund Announces Dividend

The business also recently announced a — dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.1224 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a dividend yield of 18.1%.

About Cornerstone Strategic Value Fund

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.