Cornerstone Advisors Inc Buys Apple Inc, Alpine Total Dynamic Dividend Fund, Amazon.com Inc, Sells JPMorgan Chase, Facebook Inc, Calamos Strategic Total Return Fund

• New Purchases: AAPL, AOD, GLO, INTC, UNP, MS, NKE, AXP, INF, F,
• Added Positions: AMZN, IFN, C, TY, DPG, QCOM, ORCL, WFC, RVT, CAF,
• Reduced Positions: CSQ, RNP, DEX, AWP, BOE, SWZ, MGU, SBUX, GGT, GAM,
• Sold Out: JPM, FB, ETG, BA, AVGO, CELG, LMT, GLQ, MO, ACN,

For the details of CORNERSTONE ADVISORS INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=CORNERSTONE+ADVISORS+INC

1. Alphabet Inc (GOOG) - 22,007 shares, 3.57% of the total portfolio.
2. Microsoft Corp (MSFT) - 239,600 shares, 3.09% of the total portfolio.
3. Apple Inc (AAPL) - 104,000 shares, 2.92% of the total portfolio. New Position
4. BlackRock Resources of Beneficial Interest (BCX) - 1,606,800 shares, 2.7% of the total portfolio. Shares added by 6.43%
5. Johnson & Johnson (JNJ) - 98,700 shares, 2.41% of the total portfolio.

Cornerstone Advisors Inc initiated holdings in Apple Inc. The purchase prices were between $116.02 and $144.12, with an estimated average price of $131.71. The stock is now traded at around $153.26. The impact to the portfolio due to this purchase was 2.92%. The holdings were 104,000 shares as of 2017-03-31.

Cornerstone Advisors Inc initiated holdings in Alpine Total Dynamic Dividend Fund. The purchase prices were between $7.58 and $8.32, with an estimated average price of $8.07. The stock is now traded at around $8.64. The impact to the portfolio due to this purchase was 1.85%. The holdings were 1,146,468 shares as of 2017-03-31.

Cornerstone Advisors Inc initiated holdings in Clough Global Opportunities Fund. The purchase prices were between $8.89 and $10.29, with an estimated average price of $9.76. The stock is now traded at around $10.57. The impact to the portfolio due to this purchase was 0.84%. The holdings were 417,435 shares as of 2017-03-31.

Cornerstone Advisors Inc initiated holdings in Intel Corp. The purchase prices were between $35.04 and $37.98, with an estimated average price of $36.19. The stock is now traded at around $36.01. The impact to the portfolio due to this purchase was 0.75%. The holdings were 106,300 shares as of 2017-03-31.

Cornerstone Advisors Inc initiated holdings in Union Pacific Corp. The purchase prices were between $102.13 and $110.42, with an estimated average price of $106.65. The stock is now traded at around $109.32. The impact to the portfolio due to this purchase was 0.56%. The holdings were 27,000 shares as of 2017-03-31.

Cornerstone Advisors Inc initiated holdings in Morgan Stanley. The purchase prices were between $41.58 and $46.83, with an estimated average price of $44.37. The stock is now traded at around $43.10. The impact to the portfolio due to this purchase was 0.43%. The holdings were 51,000 shares as of 2017-03-31.

Cornerstone Advisors Inc added to the holdings in Amazon.com Inc by 70.00%. The purchase prices were between $753.67 and $886.54, with an estimated average price of $833.5. The stock is now traded at around $948.95. The impact to the portfolio due to this purchase was 0.85%. The holdings were 11,900 shares as of 2017-03-31.

Cornerstone Advisors Inc added to the holdings in The India Fund Inc by 431.86%. The purchase prices were between $21.1 and $25.4, with an estimated average price of $23.17. The stock is now traded at around $27.03. The impact to the portfolio due to this purchase was 0.57%. The holdings were 141,745 shares as of 2017-03-31.

Cornerstone Advisors Inc added to the holdings in Citigroup Inc by 128.07%. The purchase prices were between $55.68 and $61.55, with an estimated average price of $59.14. The stock is now traded at around $60.37. The impact to the portfolio due to this purchase was 0.55%. The holdings were 83,700 shares as of 2017-03-31.

Cornerstone Advisors Inc added to the holdings in Tri Continental Corporation by 54.86%. The purchase prices were between $22.05 and $23.57, with an estimated average price of $22.87. The stock is now traded at around $23.84. The impact to the portfolio due to this purchase was 0.53%. The holdings were 332,621 shares as of 2017-03-31.

Cornerstone Advisors Inc added to the holdings in Duff & Phelps Global Utility Income Fund Inc. by 100.39%. The purchase prices were between $15.5 and $16.77, with an estimated average price of $16.25. The stock is now traded at around $16.85. The impact to the portfolio due to this purchase was 0.41%. The holdings were 258,360 shares as of 2017-03-31.

Cornerstone Advisors Inc added to the holdings in Qualcomm Inc by 175.00%. The purchase prices were between $52.66 and $66.88, with an estimated average price of $58.02. The stock is now traded at around $55.33. The impact to the portfolio due to this purchase was 0.31%. The holdings were 44,000 shares as of 2017-03-31.

Cornerstone Advisors Inc sold out the holdings in JPMorgan Chase & Co. The sale prices were between $83.3 and $93.6, with an estimated average price of $88.22.

Cornerstone Advisors Inc sold out the holdings in Facebook Inc. The sale prices were between $116.86 and $142.65, with an estimated average price of $133.64.

Cornerstone Advisors Inc sold out the holdings in Eaton Vance Tax-Advantaged Global Dividend Income . The sale prices were between $14.07 and $15.69, with an estimated average price of $15.17.

Cornerstone Advisors Inc sold out the holdings in Boeing Co. The sale prices were between $156.97 and $183.91, with an estimated average price of $170.33.

Cornerstone Advisors Inc sold out the holdings in Broadcom Ltd. The sale prices were between $174.28 and $226.45, with an estimated average price of $205.92.

Cornerstone Advisors Inc sold out the holdings in Celgene Corp. The sale prices were between $111.53 and $126.88, with an estimated average price of $119.67.