Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) Announces Monthly Dividend of $0.12

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) declared a monthly dividend on Monday, August 4th. Stockholders of record on Monday, December 15th will be given a dividend of 0.1168 per share by the investment management company on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 17.5%. The ex-dividend date of this dividend is Monday, December 15th.

Cornerstone Total Return Fund Price Performance

Shares of NYSEAMERICAN:CRF traded up $0.02 during midday trading on Friday, hitting $8.00. 4,873,829 shares of the stock were exchanged, compared to its average volume of 943,737. Cornerstone Total Return Fund has a 52-week low of $5.81 and a 52-week high of $9.12. The business’s fifty day simple moving average is $7.98 and its two-hundred day simple moving average is $7.86.

Institutional Trading of Cornerstone Total Return Fund

Several large investors have recently added to or reduced their stakes in CRF. Cetera Investment Advisers lifted its holdings in Cornerstone Total Return Fund by 15.4% in the 1st quarter. Cetera Investment Advisers now owns 47,360 shares of the investment management company’s stock worth $340,000 after purchasing an additional 6,324 shares during the last quarter. Sit Investment Associates Inc. acquired a new position in Cornerstone Total Return Fund in the 1st quarter valued at $251,000. Ieq Capital LLC bought a new position in Cornerstone Total Return Fund in the 1st quarter worth approximately $244,000. Ursa Fund Management LLC bought a new stake in Cornerstone Total Return Fund in the 1st quarter valued at $359,000. Finally, Jane Street Group LLC acquired a new position in Cornerstone Total Return Fund in the 1st quarter valued at approximately $448,000. 10.41% of the stock is owned by institutional investors.

Cornerstone Total Return Fund Company Profile

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.