Sculptor Capital LP Buys 155,286 Shares of Cornerstone Strategic Investment Fund, Inc. $CLM

Sculptor Capital LP raised its stake in Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,967,736 shares of the investment management company’s stock after acquiring an additional 155,286 shares during the quarter. Sculptor Capital LP’s holdings in Cornerstone Strategic Investment Fund were worth $24,810,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CLM. Mariner LLC raised its holdings in Cornerstone Strategic Investment Fund by 52.5% in the 4th quarter. Mariner LLC now owns 20,890 shares of the investment management company’s stock valued at $175,000 after buying an additional 7,196 shares during the last quarter. Arax Advisory Partners raised its holdings in Cornerstone Strategic Investment Fund by 94.0% in the 4th quarter. Arax Advisory Partners now owns 3,731 shares of the investment management company’s stock valued at $31,000 after buying an additional 1,808 shares during the last quarter. Aptus Capital Advisors LLC raised its holdings in 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 buying an additional 2,684 shares during the last quarter. CreativeOne Wealth LLC raised its holdings in Cornerstone Strategic Investment Fund by 10.3% in the 4th quarter. CreativeOne Wealth LLC now owns 76,189 shares of the investment management company’s stock valued at $637,000 after buying an additional 7,109 shares during the last quarter. Finally, Quarry LP raised its holdings in Cornerstone Strategic Investment Fund by 353.6% in the 4th quarter. Quarry LP now owns 1,235,307 shares of the investment management company’s stock valued at $10,327,000 after buying an additional 962,972 shares during the last quarter.

Cornerstone Strategic Investment Fund Trading Down 0.3%

Shares of NYSEAMERICAN CLM opened at $7.49 on Tuesday. The company has a 50 day simple moving average of $7.54 and a 200 day simple moving average of $7.83. Cornerstone Strategic Investment Fund, Inc. has a 1 year low of $6.92 and a 1 year high of $8.53.

Cornerstone Strategic Investment Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.1215 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 19.5%.

Cornerstone Strategic Investment Fund Profile

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.