Park Avenue Securities LLC Grows Holdings in SRH Total Return Fund, Inc. (NYSE:STEW)

Park Avenue Securities LLC raised its position in SRH Total Return Fund, Inc. (NYSE:STEWFree Report) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 82,691 shares of the company’s stock after buying an additional 2,297 shares during the period. Park Avenue Securities LLC owned 0.09% of SRH Total Return Fund worth $1,325,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pathstone Holdings LLC lifted its holdings in SRH Total Return Fund by 11.5% during the third quarter. Pathstone Holdings LLC now owns 1,197,409 shares of the company’s stock worth $18,934,000 after acquiring an additional 123,445 shares during the period. Heritage Wealth Management Inc. bought a new position in shares of SRH Total Return Fund during the 2nd quarter worth $462,000. Sanctuary Advisors LLC purchased a new stake in SRH Total Return Fund during the second quarter valued at about $2,369,000. Shaker Financial Services LLC grew its position in shares of SRH Total Return Fund by 3.0% in the third quarter. Shaker Financial Services LLC now owns 655,209 shares of the company’s stock valued at $10,352,000 after purchasing an additional 19,227 shares in the last quarter. Finally, Rocky Mountain Advisers LLC boosted its stake in SRH Total Return Fund by 0.4% in the 3rd quarter. Rocky Mountain Advisers LLC now owns 191,446 shares of the company’s stock worth $3,025,000 after purchasing an additional 802 shares during the period. Hedge funds and other institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Trading Up 1.5 %

Shares of STEW stock opened at $16.50 on Monday. SRH Total Return Fund, Inc. has a 52-week low of $13.67 and a 52-week high of $16.83. The business’s fifty day moving average is $16.24 and its 200 day moving average is $15.73.

SRH Total Return Fund Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 24th will be given a $0.165 dividend. The ex-dividend date is Friday, January 24th. This is a positive change from SRH Total Return Fund’s previous quarterly dividend of $0.14. This represents a $0.66 annualized dividend and a yield of 4.00%.

About SRH Total Return Fund

(Free Report)

SRH Total Return Fund, Inc is a closed-ended balanced mutual fund launched and managed by Paralel Advisors LLC. Rocky Mountain Advisers, LLC serves as the Fund's sub-adviser. The fund invests in equity and fixed-income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.

Further Reading

Institutional Ownership by Quarter for SRH Total Return Fund (NYSE:STEW)

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