Millennium Management LLC Acquires Shares of 21,044 SRH Total Return Fund, Inc. (NYSE:STEW)

Millennium Management LLC bought a new position in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,044 shares of the company's stock, valued at approximately $337,000.

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

SRH Total Return Fund Stock Down 0.6%

SRH Total Return Fund stock traded down $0.11 during trading on Friday, reaching $17.19. 94,203 shares of the company's stock were exchanged, compared to its average volume of 105,183. The company's 50-day moving average is $17.17 and its two-hundred day moving average is $16.72. SRH Total Return Fund, Inc. has a 52-week low of $14.32 and a 52-week high of $17.89.

SRH Total Return Fund Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 24th will be paid a $0.165 dividend. The ex-dividend date is Thursday, July 24th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.84%.

SRH Total Return Fund Profile

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.