Thrivent Financial for Lutherans Increases Stock Holdings in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Thrivent Financial for Lutherans grew its holdings in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 716.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 157,255 shares of the investment management company’s stock after purchasing an additional 137,988 shares during the period. Thrivent Financial for Lutherans’ holdings in Cornerstone Strategic Value Fund were worth $1,208,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Planning Capital Management Corp raised its stake in shares of Cornerstone Strategic Value Fund by 2,598.4% in the third quarter. Planning Capital Management Corp now owns 3,481 shares of the investment management company’s stock valued at $27,000 after acquiring an additional 3,352 shares in the last quarter. Strategic Financial Concepts LLC raised its position in Cornerstone Strategic Value Fund by 800.0% in the 2nd quarter. Strategic Financial Concepts LLC now owns 509,390 shares of the investment management company’s stock valued at $39,000 after purchasing an additional 452,790 shares in the last quarter. Voisard Asset Management Group Inc. purchased a new position in shares of Cornerstone Strategic Value Fund in the 2nd quarter valued at about $72,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Cornerstone Strategic Value Fund during the third quarter worth about $102,000. Finally, Oppenheimer & Co. Inc. acquired a new position in shares of Cornerstone Strategic Value Fund during the third quarter worth about $107,000.

Cornerstone Strategic Value Fund Trading Up 0.7 %

Shares of NYSEAMERICAN:CLM opened at $8.97 on Monday. Cornerstone Strategic Value Fund, Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $9.01.

Cornerstone Strategic Value Fund Dividend Announcement

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

Cornerstone Strategic Value Fund Company 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.