3,000 Shares in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) Purchased by Marshall & Sterling Wealth Advisors Inc.

Marshall & Sterling Wealth Advisors Inc. purchased a new stake in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,000 shares of the investment management company’s stock, valued at approximately $26,000.

Other large investors have also recently added to or reduced their stakes in the company. Virtu Financial LLC raised its stake in shares of Cornerstone Total Return Fund by 70.3% in the third quarter. Virtu Financial LLC now owns 18,637 shares of the investment management company’s stock worth $151,000 after acquiring an additional 7,696 shares during the last quarter. Grimes & Company Inc. lifted its holdings in Cornerstone Total Return Fund by 4.9% during the 4th quarter. Grimes & Company Inc. now owns 25,556 shares of the investment management company’s stock worth $222,000 after buying an additional 1,193 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in Cornerstone Total Return Fund by 4.2% in the 4th quarter. Chicago Partners Investment Group LLC now owns 77,104 shares of the investment management company’s stock valued at $687,000 after buying an additional 3,097 shares during the last quarter. Atria Wealth Solutions Inc. boosted its position in Cornerstone Total Return Fund by 6.5% in the 4th quarter. Atria Wealth Solutions Inc. now owns 168,557 shares of the investment management company’s stock valued at $1,465,000 after buying an additional 10,272 shares during the last quarter. Finally, Wealth Management Nebraska acquired a new stake in shares of Cornerstone Total Return Fund in the 4th quarter valued at $164,000. 10.41% of the stock is owned by institutional investors.

Cornerstone Total Return Fund Stock Down 0.9 %

Shares of CRF opened at $6.65 on Tuesday. The stock’s fifty day simple moving average is $7.36 and its 200-day simple moving average is $8.02. Cornerstone Total Return Fund, Inc. has a 12-month low of $5.81 and a 12-month high of $9.75.

Cornerstone Total Return Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.1168 per share. The ex-dividend date is Tuesday, April 15th. This represents a $1.40 dividend on an annualized basis and a yield of 21.08%.

About Cornerstone Total Return Fund

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.