Sculptor Capital LP Acquires 155,286 Shares of Cornerstone Strategic Investment Fund, Inc. $CLM

Sculptor Capital LP grew its holdings in Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLMFree Report) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,967,736 shares of the investment management company’s stock after acquiring an additional 155,286 shares during the quarter. Sculptor Capital LP owned 1.17% of Cornerstone Strategic Investment Fund worth $24,810,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Stratos Wealth Partners LTD. grew its stake in Cornerstone Strategic Investment Fund by 23.1% during the fourth quarter. Stratos Wealth Partners LTD. now owns 626,085 shares of the investment management company’s stock worth $5,234,000 after buying an additional 117,607 shares in the last quarter. Alpine Global Management LLC grew its stake in Cornerstone Strategic Investment Fund by 5.8% during the third quarter. Alpine Global Management LLC now owns 6,993,780 shares of the investment management company’s stock worth $57,909,000 after buying an additional 380,985 shares in the last quarter. Boothbay Fund Management LLC grew its stake in Cornerstone Strategic Investment Fund by 4.4% during the third quarter. Boothbay Fund Management LLC now owns 6,408,552 shares of the investment management company’s stock worth $53,063,000 after buying an additional 272,623 shares in the last quarter. PFG Investments LLC grew its stake in Cornerstone Strategic Investment Fund by 7,582.9% during the fourth quarter. PFG Investments LLC now owns 2,997,808 shares of the investment management company’s stock worth $25,062,000 after buying an additional 2,958,789 shares in the last quarter. Finally, Savvy Advisors Inc. acquired a new stake in Cornerstone Strategic Investment Fund during the fourth quarter worth about $909,000.

Cornerstone Strategic Investment Fund Trading Down 0.3%

Shares of Cornerstone Strategic Investment Fund stock opened at $7.49 on Tuesday. Cornerstone Strategic Investment Fund, Inc. has a 12-month low of $6.92 and a 12-month high of $8.53. The firm’s 50-day moving average price is $7.54 and its two-hundred day moving average price is $7.83.

Cornerstone Strategic Investment Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.1215 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 19.5%.

Cornerstone Strategic Investment Fund Company Profile

(Free Report)

Cornerstone Strategic Investment Fund (NYSE American: CLM) is a closed-end diversified management investment company organized under the Investment Company Act of 1940. The fund’s primary objective is to seek total return, with an emphasis on dividend income and long-term capital appreciation for its shareholders. Trading on the NYSE American, CLM offers investors exposure to a flexible portfolio designed to capture income opportunities across various market environments.

The fund seeks to achieve its objective by investing primarily in convertible securities, including both convertible bonds and convertible preferred stocks, as well as common stocks of companies with favorable risk-return profiles.

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Institutional Ownership by Quarter for Cornerstone Strategic Investment Fund (NYSEAMERICAN:CLM)

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