Millennium Management LLC Purchases New Shares in SRH Total Return Fund, Inc. (NYSE:STEW)

Millennium Management LLC purchased a new stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 21,044 shares of the company's stock, valued at approximately $337,000.

A number of other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in shares of SRH Total Return Fund in the 4th quarter valued at $3,665,000. PNC Financial Services Group Inc. grew its holdings in SRH Total Return Fund by 110.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 13,475 shares of the company's stock worth $216,000 after purchasing an additional 7,065 shares during the period. Private Advisor Group LLC increased its stake in SRH Total Return Fund by 15.5% in the fourth quarter. Private Advisor Group LLC now owns 20,957 shares of the company's stock valued at $336,000 after purchasing an additional 2,805 shares in the last quarter. Blue Bell Private Wealth Management LLC raised its holdings in shares of SRH Total Return Fund by 13.9% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 257,068 shares of the company's stock valued at $4,118,000 after purchasing an additional 31,316 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of SRH Total Return Fund by 6.3% during the 4th quarter. Bank of America Corp DE now owns 161,699 shares of the company's stock worth $2,590,000 after purchasing an additional 9,607 shares in the last quarter. Institutional investors own 15.61% of the company's stock.

SRH Total Return Fund Stock Up 0.2%

STEW stock traded up $0.03 during trading on Thursday, reaching $17.38. 21,220 shares of the stock were exchanged, compared to its average volume of 103,926. SRH Total Return Fund, Inc. has a twelve month low of $14.32 and a twelve month high of $17.89. The firm's 50 day moving average is $17.11 and its 200 day moving average is $16.71.

SRH Total Return Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 24th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend is Thursday, July 24th.

About SRH Total Return Fund

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.