Raymond James & Associates trimmed its position in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Free Report) by 19.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,759 shares of the investment management company’s stock after selling 9,777 shares during the quarter. Raymond James & Associates’ holdings in Cornerstone Total Return Fund were worth $295,000 at the end of the most recent quarter.
Cornerstone Total Return Fund Stock Performance
Shares of NYSEAMERICAN:CRF opened at $7.49 on Tuesday. The firm’s fifty day moving average price is $7.22. Cornerstone Total Return Fund, Inc. has a 12-month low of $6.05 and a 12-month high of $8.56.
Cornerstone Total Return Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be given a dividend of $0.1037 per share. This represents a $1.24 annualized dividend and a yield of 16.61%. The ex-dividend date of this dividend is Friday, June 14th.
Cornerstone Total Return Fund Company Profile
Cornerstone Total Return Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies across all market capitalizations.
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