Susquehanna International Group LLP Cuts Position in Cornerstone Strategic Investment Fund, Inc. $CLM

Susquehanna International Group LLP reduced its position in shares of Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) by 83.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 16,550 shares of the investment management company’s stock after selling 83,133 shares during the quarter. Susquehanna International Group LLP’s holdings in Cornerstone Strategic Investment Fund were worth $125,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. Larson Financial Group LLC increased its holdings in shares of Cornerstone Strategic Investment Fund by 14.4% in the 3rd quarter. Larson Financial Group LLC now owns 11,578 shares of the investment management company’s stock worth $96,000 after buying an additional 1,456 shares during the last quarter. Arax Advisory Partners increased its stake in Cornerstone Strategic Investment Fund by 94.0% during the fourth quarter. Arax Advisory Partners now owns 3,731 shares of the investment management company’s stock worth $31,000 after acquiring an additional 1,808 shares during the last quarter. Benjamin Edwards Inc. raised its position in Cornerstone Strategic Investment Fund by 2.5% during the second quarter. Benjamin Edwards Inc. now owns 74,406 shares of the investment management company’s stock valued at $562,000 after purchasing an additional 1,819 shares during the period. Kestra Private Wealth Services LLC lifted its stake in shares of Cornerstone Strategic Investment Fund by 10.1% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 26,756 shares of the investment management company’s stock valued at $222,000 after purchasing an additional 2,459 shares during the last quarter. Finally, Aptus Capital Advisors LLC lifted its stake in shares of Cornerstone Strategic Investment Fund by 1.3% in the 4th quarter. Aptus Capital Advisors LLC now owns 201,751 shares of the investment management company’s stock valued at $1,687,000 after purchasing an additional 2,684 shares during the last quarter.

Cornerstone Strategic Investment Fund Price Performance

NYSEAMERICAN CLM opened at $6.62 on Thursday. The business’s 50 day moving average price is $7.27 and its 200-day moving average price is $7.42. Cornerstone Strategic Investment Fund, Inc. has a fifty-two week low of $6.56 and a fifty-two week high of $8.53.

Cornerstone Strategic Investment Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 15th will be paid a $0.1215 dividend. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a c) annualized dividend and a dividend yield of 22.0%.

About Cornerstone Strategic Investment Fund

Cornerstone Strategic Investment Fund (NYSE American: CLM) is a closed-end diversified management investment company organized under the Investment Company Act of 1940. The fund’s primary objective is to seek total return, with an emphasis on dividend income and long-term capital appreciation for its shareholders. Trading on the NYSE American, CLM offers investors exposure to a flexible portfolio designed to capture income opportunities across various market environments.

The fund seeks to achieve its objective by investing primarily in convertible securities, including both convertible bonds and convertible preferred stocks, as well as common stocks of companies with favorable risk-return profiles.