Baird Financial Group Inc. Has $874,000 Stock Holdings in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF)

Baird Financial Group Inc. increased its stake in shares of Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRFGet Rating) by 81.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,945 shares of the investment management company’s stock after purchasing an additional 46,977 shares during the quarter. Baird Financial Group Inc.’s holdings in Cornerstone Total Return Fund were worth $874,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. ING Groep NV acquired a new position in Cornerstone Total Return Fund during the 2nd quarter worth approximately $3,105,000. Ford Financial Group LLC increased its position in Cornerstone Total Return Fund by 12.4% during the 2nd quarter. Ford Financial Group LLC now owns 336,477 shares of the investment management company’s stock worth $2,802,000 after purchasing an additional 37,044 shares in the last quarter. Centaurus Financial Inc. increased its position in Cornerstone Total Return Fund by 92.7% during the 2nd quarter. Centaurus Financial Inc. now owns 184,271 shares of the investment management company’s stock worth $1,535,000 after purchasing an additional 88,637 shares in the last quarter. Commonwealth Equity Services LLC increased its position in Cornerstone Total Return Fund by 6.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 166,578 shares of the investment management company’s stock valued at $1,387,000 after acquiring an additional 9,516 shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new position in Cornerstone Total Return Fund in the 1st quarter valued at approximately $2,168,000.

Cornerstone Total Return Fund Trading Up 0.9 %

Shares of NYSEAMERICAN CRF opened at $8.10 on Friday. Cornerstone Total Return Fund, Inc. has a 52-week low of $7.32 and a 52-week high of $14.20.

Cornerstone Total Return Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 31st. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.1173 per share. This represents a $1.41 annualized dividend and a dividend yield of 17.38%. The ex-dividend date is Tuesday, March 14th.

Cornerstone Total Return Fund Company Profile

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Cornerstone Total Return Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, Inc 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.

See Also

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Institutional Ownership by Quarter for Cornerstone Total Return Fund (NYSEAMERICAN:CRF)

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