Creative Financial Designs Inc. ADV Has $694,000 Holdings in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF)

Creative Financial Designs Inc. ADV grew its position in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) by 2.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 85,737 shares of the investment management company’s stock after purchasing an additional 2,273 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Cornerstone Total Return Fund were worth $694,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Alpine Global Management LLC increased its holdings in shares of Cornerstone Total Return Fund by 0.3% during the 1st quarter. Alpine Global Management LLC now owns 2,569,324 shares of the investment management company’s stock valued at $19,296,000 after acquiring an additional 6,651 shares during the last quarter. Significant Wealth Partners LLC increased its holdings in shares of Cornerstone Total Return Fund by 15.9% during the 1st quarter. Significant Wealth Partners LLC now owns 530,604 shares of the investment management company’s stock valued at $3,985,000 after acquiring an additional 72,658 shares during the last quarter. Perennial Investment Advisors LLC increased its holdings in shares of Cornerstone Total Return Fund by 3.6% during the 2nd quarter. Perennial Investment Advisors LLC now owns 380,195 shares of the investment management company’s stock valued at $2,985,000 after acquiring an additional 13,186 shares during the last quarter. TrueMark Investments LLC acquired a new position in shares of Cornerstone Total Return Fund during the 2nd quarter valued at about $2,126,000. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Cornerstone Total Return Fund by 3.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 204,988 shares of the investment management company’s stock valued at $1,539,000 after acquiring an additional 7,020 shares during the last quarter. 10.41% of the stock is owned by institutional investors and hedge funds.

Cornerstone Total Return Fund Trading Up 0.1 %

Shares of NYSEAMERICAN CRF opened at $8.43 on Friday. The firm’s 50-day moving average is $7.68. Cornerstone Total Return Fund, Inc. has a 52 week low of $6.52 and a 52 week high of $8.49.

Cornerstone Total Return Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be issued a dividend of $0.1037 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 14.76%. The ex-dividend date is Monday, December 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.