Cornerstone Strategic Investment Fund, Inc. (CLM) To Go Ex-Dividend on July 15th

Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) announced a dividend on Friday, July 4th, investing.com reports. Investors of record on Wednesday, July 16th will be given a dividend of 0.1224 per share by the investment management company on Thursday, July 31st. This represents a yield of 17.83%. The ex-dividend date of this dividend is Tuesday, July 15th.

Cornerstone Strategic Investment Fund Trading Up 1.2%

NYSEAMERICAN CLM opened at $8.24 on Friday. Cornerstone Strategic Investment Fund has a one year low of $6.16 and a one year high of $9.30. The stock has a 50-day moving average of $7.61 and a 200 day moving average of $7.96.

Institutional Investors Weigh In On Cornerstone Strategic Investment Fund

An institutional investor recently bought a new position in Cornerstone Strategic Investment Fund stock. Integrated Wealth Concepts LLC bought a new stake in shares of Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,392 shares of the investment management company’s stock, valued at approximately $92,000.

Cornerstone Strategic Investment Fund Company 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.