TrueMark Investments LLC Has $4.65 Million Holdings in Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF)

TrueMark Investments LLC boosted its holdings in shares of Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) by 25.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 534,692 shares of the investment management company’s stock after purchasing an additional 108,386 shares during the period. Cornerstone Total Return Fund accounts for approximately 1.5% of TrueMark Investments LLC’s holdings, making the stock its 25th largest holding. TrueMark Investments LLC’s holdings in Cornerstone Total Return Fund were worth $4,646,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Winebrenner Capital Management LLC acquired a new position in shares of Cornerstone Total Return Fund during the fourth quarter worth approximately $956,000. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new position in Cornerstone Total Return Fund in the 4th quarter worth approximately $326,000. Atria Wealth Solutions Inc. lifted its holdings in Cornerstone Total Return Fund by 6.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 168,557 shares of the investment management company’s stock worth $1,465,000 after buying an additional 10,272 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in Cornerstone Total Return Fund by 35.8% in the 4th quarter. Oppenheimer & Co. Inc. now owns 20,185 shares of the investment management company’s stock valued at $175,000 after buying an additional 5,325 shares during the last quarter. Finally, Independent Advisor Alliance acquired a new stake in shares of Cornerstone Total Return Fund in the 4th quarter valued at $188,000. Institutional investors own 10.41% of the company’s stock.

Cornerstone Total Return Fund Stock Performance

CRF stock opened at $7.47 on Wednesday. The business has a fifty day moving average of $8.32 and a 200-day moving average of $8.20. Cornerstone Total Return Fund, Inc. has a twelve month low of $6.52 and a twelve month high of $9.75.

Cornerstone Total Return Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.1168 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $1.40 dividend on an annualized basis and a yield of 18.76%.

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.