Mirador Capital Partners LP Takes $567,000 Position in Cornerstone Total Return Fund, Inc. $CRF

Mirador Capital Partners LP bought a new stake in shares of Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 79,017 shares of the investment management company’s stock, valued at approximately $567,000. Mirador Capital Partners LP owned 0.07% of Cornerstone Total Return Fund at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cetera Investment Advisers increased its stake in Cornerstone Total Return Fund by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 48,911 shares of the investment management company’s stock worth $379,000 after purchasing an additional 1,551 shares during the period. Mariner LLC boosted its stake in shares of Cornerstone Total Return Fund by 9.2% during the fourth quarter. Mariner LLC now owns 21,351 shares of the investment management company’s stock valued at $171,000 after purchasing an additional 1,794 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of Cornerstone Total Return Fund by 4.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 51,106 shares of the investment management company’s stock worth $409,000 after purchasing an additional 2,105 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in shares of Cornerstone Total Return Fund by 3.7% in the first quarter. Chicago Partners Investment Group LLC now owns 64,188 shares of the investment management company’s stock worth $459,000 after purchasing an additional 2,303 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Cornerstone Total Return Fund by 6.6% in the third quarter. Envestnet Asset Management Inc. now owns 39,762 shares of the investment management company’s stock worth $320,000 after buying an additional 2,462 shares during the period. 10.41% of the stock is currently owned by institutional investors.

Cornerstone Total Return Fund Price Performance

Shares of NYSEAMERICAN CRF opened at $7.17 on Friday. The firm’s fifty day moving average is $7.14 and its 200 day moving average is $7.25. Cornerstone Total Return Fund, Inc. has a 52 week low of $6.56 and a 52 week high of $8.25.

About Cornerstone Total Return Fund

Cornerstone Total Return Fund (NYSE American: CRF) is a diversified, closed-end management investment company that seeks to provide shareholders with a combination of current income and capital appreciation. Since its initial public offering in 1989, the fund has offered investors exposure to a broad range of fixed-income and equity-related securities, leveraging a total-return strategy. Its shares trade on the NYSE American exchange, providing daily liquidity in a closed-end format.

The fund’s principal investment approach involves allocating assets across convertible securities, high-yield corporate debt, bank loans and common equities.