5,169 Shares in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) Purchased by Quarry LP

Quarry LP acquired a new position in shares of Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,169 shares of the investment management company’s stock, valued at approximately $42,000.

Several other large investors also recently made changes to their positions in the company. Wedbush Securities Inc. bought a new position in shares of Cornerstone Total Return Fund in the second quarter valued at approximately $106,000. Oppenheimer & Co. Inc. bought a new position in shares of Cornerstone Total Return Fund in the third quarter valued at approximately $120,000. Prairie Sky Financial Group LLC bought a new position in shares of Cornerstone Total Return Fund in the third quarter valued at approximately $135,000. Doliver Advisors LP bought a new position in shares of Cornerstone Total Return Fund in the third quarter valued at approximately $328,000. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of Cornerstone Total Return Fund by 46.4% in the second quarter. Main Street Financial Solutions LLC now owns 43,247 shares of the investment management company’s stock valued at $339,000 after acquiring an additional 13,702 shares in the last quarter. Institutional investors and hedge funds own 10.41% of the company’s stock.

Cornerstone Total Return Fund Stock Down 8.6 %

Cornerstone Total Return Fund stock opened at $8.43 on Wednesday. The company has a 50 day moving average of $7.85. Cornerstone Total Return Fund, Inc. has a 12-month low of $6.52 and a 12-month high of $9.75.

Cornerstone Total Return Fund Dividend Announcement

The firm also recently announced a — dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.1168 per share. This represents a yield of 16.7%. The ex-dividend date is Friday, March 14th.

Cornerstone Total Return Fund Company Profile

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