Institute for Wealth Management LLC. decreased its holdings in Cornerstone Total Return Fund Inc (NYSEAMERICAN:CRF) by 15.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,068 shares of the investment management company’s stock after selling 2,622 shares during the period. Institute for Wealth Management LLC.’s holdings in Cornerstone Total Return Fund were worth $159,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Cornerstone Total Return Fund in the second quarter worth about $445,000. Ford Financial Group Inc. lifted its position in shares of Cornerstone Total Return Fund by 9.8% in the second quarter. Ford Financial Group Inc. now owns 137,571 shares of the investment management company’s stock worth $1,557,000 after buying an additional 12,259 shares in the last quarter. Quad Cities Investment Group LLC lifted its position in shares of Cornerstone Total Return Fund by 57.5% in the second quarter. Quad Cities Investment Group LLC now owns 5,845 shares of the investment management company’s stock worth $66,000 after buying an additional 2,134 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. lifted its position in shares of Cornerstone Total Return Fund by 10.9% in the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 278,964 shares of the investment management company’s stock worth $3,345,000 after buying an additional 27,446 shares in the last quarter. Finally, Rockefeller Capital Management L.P. purchased a new stake in Cornerstone Total Return Fund during the first quarter valued at approximately $194,000.

Shares of NYSEAMERICAN:CRF traded up $0.04 during trading on Wednesday, hitting $11.22. The company had a trading volume of 59,400 shares, compared to its average volume of 275,814. Cornerstone Total Return Fund Inc has a one year low of $9.11 and a one year high of $14.36.

About Cornerstone Total Return Fund

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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