B. Riley Wealth Advisors Inc. grew its holdings in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 6.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 401,936 shares of the company's stock after acquiring an additional 24,005 shares during the quarter. B. Riley Wealth Advisors Inc. owned about 0.42% of SRH Total Return Fund worth $6,439,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Buffington Mohr McNeal acquired a new position in SRH Total Return Fund in the fourth quarter valued at $171,000. Steward Partners Investment Advisory LLC increased its position in shares of SRH Total Return Fund by 207.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,392 shares of the company's stock worth $182,000 after acquiring an additional 7,692 shares in the last quarter. Absolute Investment Advisers LLC purchased a new position in shares of SRH Total Return Fund during the fourth quarter valued at $197,000. PNC Financial Services Group Inc. increased its holdings in shares of SRH Total Return Fund by 110.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 13,475 shares of the company's stock valued at $216,000 after acquiring an additional 7,065 shares during the last quarter. Finally, Waverly Advisors LLC acquired a new stake in SRH Total Return Fund in the 4th quarter valued at approximately $241,000. Institutional investors and hedge funds own 15.61% of the company's stock.
SRH Total Return Fund Stock Up 0.1%
Shares of NYSE STEW traded up $0.01 during mid-day trading on Friday, hitting $17.50. The company had a trading volume of 56,789 shares, compared to its average volume of 135,211. The business's 50-day simple moving average is $17.02 and its 200-day simple moving average is $16.63. SRH Total Return Fund, Inc. has a 12 month low of $14.20 and a 12 month high of $17.89.
SRH Total Return Fund Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 24th will be issued a dividend of $0.165 per share. The ex-dividend date is Thursday, July 24th. This represents a $0.66 annualized dividend and a yield of 3.77%.
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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