Main Street Financial Solutions LLC Raises Holdings in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF)

Main Street Financial Solutions LLC lifted its holdings in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) by 6.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,143 shares of the investment management company’s stock after purchasing an additional 2,896 shares during the quarter. Main Street Financial Solutions LLC’s holdings in Cornerstone Total Return Fund were worth $373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of CRF. Creative Financial Designs Inc. ADV boosted its holdings in 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 worth $694,000 after purchasing an additional 2,273 shares during the last quarter. Atria Wealth Solutions Inc. boosted its stake in shares of Cornerstone Total Return Fund by 2.6% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 173,084 shares of the investment management company’s stock worth $1,359,000 after buying an additional 4,331 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in shares of Cornerstone Total Return Fund by 7.0% in the third quarter. Chicago Partners Investment Group LLC now owns 74,007 shares of the investment management company’s stock worth $616,000 after acquiring an additional 4,835 shares during the period. Alpine Global Management LLC grew its holdings in shares of Cornerstone Total Return Fund by 0.3% in the first quarter. Alpine Global Management LLC now owns 2,569,324 shares of the investment management company’s stock worth $19,296,000 after acquiring an additional 6,651 shares during the period. Finally, Voisard Asset Management Group Inc. purchased a new stake in Cornerstone Total Return Fund during the second quarter valued at $73,000. 10.41% of the stock is owned by institutional investors.

Cornerstone Total Return Fund Price Performance

Shares of NYSEAMERICAN CRF opened at $9.09 on Friday. Cornerstone Total Return Fund, Inc. has a 12-month low of $6.52 and a 12-month high of $9.25. The firm’s 50 day simple moving average is $7.68.

Cornerstone Total Return Fund Announces Dividend

The business also recently disclosed a — dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.1168 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a dividend yield of 16.7%.

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.