Evernest Financial Advisors LLC Sells 12,149 Shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Evernest Financial Advisors LLC trimmed its stake in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 35.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,102 shares of the investment management company’s stock after selling 12,149 shares during the period. Evernest Financial Advisors LLC’s holdings in Cornerstone Strategic Value Fund were worth $190,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. B. Riley Wealth Advisors Inc. grew its position in Cornerstone Strategic Value Fund by 11.4% in the second quarter. B. Riley Wealth Advisors Inc. now owns 14,676 shares of the investment management company’s stock valued at $113,000 after acquiring an additional 1,502 shares during the period. Larson Financial Group LLC grew its holdings in shares of Cornerstone Strategic Value Fund by 51.4% during the third quarter. Larson Financial Group LLC now owns 6,767 shares of the investment management company’s stock worth $52,000 after purchasing an additional 2,296 shares during the last quarter. Planning Capital Management Corp grew its holdings in shares of Cornerstone Strategic Value Fund by 2,598.4% during the third quarter. Planning Capital Management Corp now owns 3,481 shares of the investment management company’s stock worth $27,000 after purchasing an additional 3,352 shares during the last quarter. Encompass More Asset Management grew its holdings in shares of Cornerstone Strategic Value Fund by 4.8% during the fourth quarter. Encompass More Asset Management now owns 75,751 shares of the investment management company’s stock worth $651,000 after purchasing an additional 3,459 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in shares of Cornerstone Strategic Value Fund by 8.4% during the third quarter. Private Advisor Group LLC now owns 56,996 shares of the investment management company’s stock worth $438,000 after purchasing an additional 4,395 shares during the last quarter.

Cornerstone Strategic Value Fund Stock Performance

Shares of CLM stock opened at $8.92 on Friday. Cornerstone Strategic Value Fund, Inc. has a 52 week low of $6.50 and a 52 week high of $9.30.

Cornerstone Strategic Value Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 16th were issued a dividend of $0.1224 per share. This represents a dividend yield of 16.92%. The ex-dividend date of this dividend was Wednesday, January 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.