JP Wealth Management Inc. grew its holdings in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 4.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 968,445 shares of the company's stock after purchasing an additional 42,040 shares during the period. SRH Total Return Fund makes up 5.4% of JP Wealth Management Inc.'s investment portfolio, making the stock its 4th largest position. JP Wealth Management Inc. owned 1.00% of SRH Total Return Fund worth $16,706,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. NBC Securities Inc. lifted its stake in 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 acquiring an additional 9,522 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in SRH Total Return Fund by 6.4% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 401,936 shares of the company's stock worth $6,439,000 after acquiring an additional 24,005 shares in the last quarter. CSS LLC IL lifted its stake in SRH Total Return Fund by 0.7% during the 4th quarter. CSS LLC IL now owns 666,055 shares of the company's stock worth $10,670,000 after acquiring an additional 4,842 shares in the last quarter. Waverly Advisors LLC acquired a new position in SRH Total Return Fund during the 4th quarter worth about $241,000. Finally, Quantedge Capital Pte Ltd lifted its stake in SRH Total Return Fund by 10.8% during the 4th quarter. Quantedge Capital Pte Ltd now owns 193,203 shares of the company's stock worth $3,095,000 after acquiring an additional 18,800 shares in the last quarter. Institutional investors and hedge funds own 15.61% of the company's stock.
SRH Total Return Fund Price Performance
STEW traded up $0.03 during mid-day trading on Friday, hitting $17.15. 35,028 shares of the stock were exchanged, compared to its average volume of 105,245. The firm's fifty day moving average is $17.25 and its two-hundred day moving average is $16.73. SRH Total Return Fund, Inc. has a 1-year low of $14.32 and a 1-year high of $17.89.
SRH Total Return Fund Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 24th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 3.85%. The ex-dividend date is Thursday, July 24th.
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.
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