Wealth Management Nebraska Takes Position in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF)

Wealth Management Nebraska bought a new position in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 18,909 shares of the investment management company’s stock, valued at approximately $164,000.

A number of other large investors also recently modified their holdings of the company. Grimes & Company Inc. boosted its stake 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 valued at $222,000 after purchasing an additional 1,193 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in shares of Cornerstone Total Return Fund by 2.7% in the third quarter. Creative Financial Designs Inc. ADV now owns 85,737 shares of the investment management company’s stock valued at $694,000 after purchasing an additional 2,273 shares in the last quarter. Main Street Financial Solutions LLC boosted its position in shares of Cornerstone Total Return Fund by 6.7% during the third quarter. Main Street Financial Solutions LLC now owns 46,143 shares of the investment management company’s stock valued at $373,000 after buying an additional 2,896 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in Cornerstone Total Return Fund by 4.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 77,104 shares of the investment management company’s stock worth $687,000 after buying an additional 3,097 shares in the last quarter. Finally, Quarry LP purchased a new stake in Cornerstone Total Return Fund in the 3rd quarter valued at $42,000. 10.41% of the stock is currently owned by institutional investors.

Cornerstone Total Return Fund Trading Down 0.7 %

Shares of NYSEAMERICAN:CRF opened at $8.88 on Friday. The company’s fifty day moving average is $8.04. Cornerstone Total Return Fund, Inc. has a 1-year low of $6.52 and a 1-year high of $9.75.

Cornerstone Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.1168 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 15.78%. The ex-dividend date is Monday, June 16th.

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.