MGO One Seven LLC Buys 10,583 Shares of Cornerstone Strategic Investment Fund, Inc. $CLM

MGO One Seven LLC raised its position in Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) by 42.8% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 35,300 shares of the investment management company’s stock after buying an additional 10,583 shares during the period. MGO One Seven LLC’s holdings in Cornerstone Strategic Investment Fund were worth $287,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Stratos Wealth Partners LTD. lifted its stake in shares of Cornerstone Strategic Investment Fund by 913.7% during the first quarter. Stratos Wealth Partners LTD. now owns 366,334 shares of the investment management company’s stock valued at $2,722,000 after acquiring an additional 330,195 shares during the period. Tabor Asset Management LP acquired a new position in Cornerstone Strategic Investment Fund during the 1st quarter valued at about $4,924,000. US Bancorp DE boosted its stake in shares of Cornerstone Strategic Investment Fund by 732,771.4% in the 1st quarter. US Bancorp DE now owns 256,505 shares of the investment management company’s stock valued at $1,906,000 after purchasing an additional 256,470 shares during the last quarter. Integrity Alliance LLC. acquired a new stake in shares of Cornerstone Strategic Investment Fund during the 1st quarter worth approximately $388,000. Finally, Almitas Capital LLC acquired a new stake in shares of Cornerstone Strategic Investment Fund during the 1st quarter worth approximately $361,000.

Cornerstone Strategic Investment Fund Stock Performance

Shares of NYSEAMERICAN CLM opened at $8.24 on Monday. Cornerstone Strategic Investment Fund, Inc. has a fifty-two week low of $6.16 and a fifty-two week high of $9.30. The company’s 50 day simple moving average is $8.20 and its 200 day simple moving average is $7.82.

Cornerstone Strategic Investment Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a $0.1224 dividend. This represents a c) annualized dividend and a dividend yield of 17.8%. The ex-dividend date is Monday, December 15th.

About Cornerstone Strategic Investment 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.