Thrivent Financial for Lutherans Has $983,000 Stock Position in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Thrivent Financial for Lutherans reduced its holdings in shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 27.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 114,452 shares of the investment management company’s stock after selling 42,803 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Cornerstone Strategic Value Fund were worth $983,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CLM. Independent Advisor Alliance acquired a new stake in Cornerstone Strategic Value Fund in the fourth quarter valued at approximately $298,000. Benjamin Edwards Inc. bought a new position in shares of Cornerstone Strategic Value Fund in the 3rd quarter valued at $1,367,000. Stratos Wealth Partners LTD. acquired a new stake in shares of Cornerstone Strategic Value Fund during the 4th quarter valued at $310,000. Winebrenner Capital Management LLC bought a new stake in Cornerstone Strategic Value Fund during the 4th quarter worth $931,000. Finally, Jane Street Group LLC grew its position in Cornerstone Strategic Value Fund by 303.7% during the 3rd quarter. Jane Street Group LLC now owns 43,292 shares of the investment management company’s stock worth $332,000 after acquiring an additional 32,567 shares during the last quarter.

Cornerstone Strategic Value Fund Stock Up 0.1 %

Cornerstone Strategic Value Fund stock opened at $7.44 on Wednesday. The company has a 50-day moving average price of $8.27. Cornerstone Strategic Value Fund, Inc. has a 12 month low of $6.50 and a 12 month high of $9.30.

Cornerstone Strategic Value Fund Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be issued a $0.1224 dividend. The ex-dividend date of this dividend is Tuesday, April 15th.

About Cornerstone Strategic Value 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.