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26,087 Shares in SRH Total Return Fund, Inc. (NYSE:STEW) Acquired by Joel Isaacson & Co. LLC

SRH Total Return Fund logo with Finance background

Joel Isaacson & Co. LLC purchased a new position in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 26,087 shares of the company's stock, valued at approximately $450,000.

A number of other hedge funds also recently made changes to their positions in the stock. NBC Securities Inc. increased its holdings in shares of SRH Total Return Fund by 105,800.0% during the 1st quarter. NBC Securities Inc. now owns 9,531 shares of the company's stock worth $164,000 after buying an additional 9,522 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in SRH Total Return Fund by 207.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,392 shares of the company's stock valued at $182,000 after acquiring an additional 7,692 shares during the period. PNC Financial Services Group Inc. increased its stake 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 worth $216,000 after acquiring an additional 7,065 shares during the last quarter. Waverly Advisors LLC acquired a new stake in SRH Total Return Fund during the fourth quarter worth about $241,000. Finally, Level Four Advisory Services LLC raised its holdings in shares of SRH Total Return Fund by 4.8% in the 4th quarter. Level Four Advisory Services LLC now owns 18,496 shares of the company's stock worth $296,000 after purchasing an additional 854 shares during the period. Institutional investors and hedge funds own 15.61% of the company's stock.

SRH Total Return Fund Trading Up 0.6%

Shares of NYSE:STEW opened at $17.57 on Monday. SRH Total Return Fund, Inc. has a 1 year low of $14.32 and a 1 year high of $17.89. The stock has a 50-day simple moving average of $17.34 and a 200-day simple moving average of $16.77.

SRH Total Return Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 24th will be given a dividend of $0.165 per share. The ex-dividend date is Thursday, July 24th. This represents a $0.66 dividend on an annualized basis and a yield of 3.76%.

SRH Total Return Fund Company Profile

(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.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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