Commonwealth Equity Services LLC Sells 28,105 Shares of Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF)

Commonwealth Equity Services LLC trimmed its position in shares of Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Rating) by 16.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 143,085 shares of the investment management company’s stock after selling 28,105 shares during the period. Commonwealth Equity Services LLC’s holdings in Cornerstone Total Return Fund were worth $1,015,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James & Associates increased its stake in shares of Cornerstone Total Return Fund by 15.2% in the 1st quarter. Raymond James & Associates now owns 108,182 shares of the investment management company’s stock worth $1,505,000 after acquiring an additional 14,258 shares in the last quarter. Private Advisor Group LLC increased its position in Cornerstone Total Return Fund by 20.0% during the 1st quarter. Private Advisor Group LLC now owns 20,713 shares of the investment management company’s stock valued at $288,000 after buying an additional 3,454 shares in the last quarter. Centaurus Financial Inc. increased its stake in Cornerstone Total Return Fund by 534.9% during the 1st quarter. Centaurus Financial Inc. now owns 95,634 shares of the investment management company’s stock valued at $1,330,000 after purchasing an additional 80,571 shares in the last quarter. UBS Group AG bought a new stake in Cornerstone Total Return Fund during the 1st quarter valued at about $47,000. Finally, Atria Wealth Solutions Inc. bought a new stake in Cornerstone Total Return Fund during the 1st quarter valued at about $2,168,000.

Cornerstone Total Return Fund Price Performance

Cornerstone Total Return Fund stock opened at $7.42 on Tuesday. The business has a fifty day simple moving average of $7.93. Cornerstone Total Return Fund, Inc. has a 12 month low of $6.86 and a 12 month high of $10.74.

Cornerstone Total Return Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.1173 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 18.97%.

About Cornerstone Total Return Fund

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Cornerstone Total Return Fund, Inc is an open-end, diverse management organization. Its primary goal is to pursue capital growth, with current income as a secondary goal. The corporation makes investments in a variety of industries, including real estate, utilities, industrials, health care, financial services, telecommunication networks, and information systems.