In yesterday’s Wall Street session, Cornerstone Total Return Fund Inc. (NYSE:CRF) shares traded at $7.68, up 0.26% from the previous session.
CRF stock price is now 0.59% away from the 50-day moving average and -10.41% away from the 200-day moving average. The market capitalization of the company currently stands at $790.51M.
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There have been several recent changes in the stakes of large investors in CRF stock. A new stake in Cornerstone Total Return Fund Inc. shares was purchased by CLOUGH CAPITAL PARTNERS L P during the first quarter worth $2,257,000. CITADEL ADVISORS LLC invested $511,000 in shares of CRF during the first quarter. In the first quarter, BLUEFIN CAPITAL MANAGEMENT, LLC acquired a new stake in Cornerstone Total Return Fund Inc. valued at approximately $398,000. CORECAP ADVISORS, LLC acquired a new stake in CRF for approximately $158,000. ENVESTNET ASSET MANAGEMENT INC purchased a new stake in CRF valued at around $112,000 in the second quarter. In total, there are 60 active investors with 17.57% ownership of the company’s stock.
On Monday morning Cornerstone Total Return Fund Inc. (NYSE: CRF) stock kicked off with the opening price of $7.66. During the past 12 months, Cornerstone Total Return Fund Inc. has had a low of $7.05 and a high of $14.20. The fifty day moving average price for CRF is $7.64 and a two-hundred day moving average price translates $8.57 for the stock.
The latest earnings results from Cornerstone Total Return Fund Inc. (NYSE: CRF) was released for Jun, 2022.
Moreover, the firm recently paid out its quarterly dividend on 06/30/2023. Investors who held shares on 06/15/2023 were paid a $0.1173 dividend. On an annualized basis, this represents a $1.41 dividend and a 18.33% percent yield. There was an ex-dividend date of 06/14/2023 for this dividend.
Cornerstone Total Return Fund Inc.(CRF) Company Profile
Cornerstone Total Return Fund, Inc. is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, Inc. 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. The fund also invests through other closed-end investment companies and ETFs. It benchmarks the performance of its portfolio against the S&P 500 Index. Cornerstone Total Return Fund, Inc. was formed on March 16, 1973 and is domiciled in the United States.
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