Atria Wealth Solutions Inc. Reduces Stock Position in Cornerstone Strategic Investment Fund, Inc. $CLM

Atria Wealth Solutions Inc. reduced its holdings in shares of Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) by 84.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,531 shares of the investment management company’s stock after selling 171,245 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Cornerstone Strategic Investment Fund were worth $268,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of CLM. Absolute Investment Advisers LLC purchased a new stake in Cornerstone Strategic Investment Fund in the 2nd quarter worth approximately $9,980,000. Tabor Asset Management LP purchased a new stake in Cornerstone Strategic Investment Fund in the 1st quarter worth approximately $4,924,000. Stratos Wealth Partners LTD. lifted its stake in Cornerstone Strategic Investment Fund by 913.7% in the 1st quarter. Stratos Wealth Partners LTD. now owns 366,334 shares of the investment management company’s stock worth $2,722,000 after purchasing an additional 330,195 shares in the last quarter. US Bancorp DE lifted its stake in 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 worth $1,906,000 after purchasing an additional 256,470 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in Cornerstone Strategic Investment Fund by 80.8% in the 1st quarter. Cetera Investment Advisers now owns 505,121 shares of the investment management company’s stock worth $3,753,000 after purchasing an additional 225,815 shares in the last quarter.

Cornerstone Strategic Investment Fund Trading Down 0.2%

NYSEAMERICAN CLM opened at $8.17 on Wednesday. Cornerstone Strategic Investment Fund, Inc. has a 1 year low of $6.16 and a 1 year high of $9.30. The company’s 50 day simple moving average is $8.21 and its two-hundred day simple moving average is $7.83.

Cornerstone Strategic Investment Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a dividend of $0.1224 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a c) annualized dividend and a dividend yield of 18.0%.

Cornerstone Strategic Investment Fund 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.