330,074 Shares in Cornerstone Total Return Fund Inc (CRF) Acquired by Laurion Capital Management LP

Laurion Capital Management LP purchased a new position in Cornerstone Total Return Fund Inc (NYSEAMERICAN:CRF) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 330,074 shares of the investment management company’s stock, valued at approximately $4,581,000.

Several other institutional investors and hedge funds have also made changes to their positions in CRF. Private Advisor Group LLC purchased a new stake in shares of Cornerstone Total Return Fund in the 3rd quarter worth approximately $286,000. Mariner Investment Group LLC purchased a new stake in shares of Cornerstone Total Return Fund in the 3rd quarter worth approximately $651,000. Ford Financial Group Inc. lifted its position in shares of Cornerstone Total Return Fund by 49.3% in the 3rd quarter. Ford Financial Group Inc. now owns 100,928 shares of the investment management company’s stock worth $1,404,000 after purchasing an additional 33,328 shares during the period. Credit Suisse AG lifted its position in shares of Cornerstone Total Return Fund by 9.2% in the 3rd quarter. Credit Suisse AG now owns 134,052 shares of the investment management company’s stock worth $1,861,000 after purchasing an additional 11,252 shares during the period. Finally, NINE MASTS CAPITAL Ltd purchased a new stake in shares of Cornerstone Total Return Fund in the 2nd quarter worth approximately $2,889,000.

NYSEAMERICAN CRF opened at $11.91 on Friday. Cornerstone Total Return Fund Inc has a 52 week low of $11.11 and a 52 week high of $16.22.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Friday, February 15th will be paid a dividend of $0.1985 per share. The ex-dividend date is Thursday, February 14th. This represents a $2.38 annualized dividend and a dividend yield of 20.00%.

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Cornerstone Total Return Fund 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.

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Institutional Ownership by Quarter for Cornerstone Total Return Fund (NYSEAMERICAN:CRF)

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