SouthState Corp Buys Shares of 100,000 SRH Total Return Fund, Inc. (NYSE:STEW)

Key Points

• SouthState Corp purchased 100,000 shares of the SRH Total Return Fund, Inc. (NYSE:STEW), valued at approximately $1,725,000, during the first quarter.
• Multiple other hedge funds also adjusted their positions in SRH Total Return Fund, with institutions owning a total of 15.61% of the company's stock.
• As of Monday, STEW stock opened at $17.60, with a 52-week trading range from a low of $14.85 to a high of $17.95.

SouthState Corp bought a new stake in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 100,000 shares of the company's stock, valued at approximately $1,725,000. SouthState Corp owned approximately 0.10% of SRH Total Return Fund at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Costello Asset Management INC acquired a new stake in SRH Total Return Fund in the first quarter valued at approximately $154,000. NBC Securities Inc. boosted its position in SRH Total Return Fund by 105,800.0% in the first quarter. NBC Securities Inc. now owns 9,531 shares of the company's stock valued at $164,000 after buying an additional 9,522 shares in the last quarter. Waverly Advisors LLC acquired a new stake in SRH Total Return Fund in the fourth quarter valued at approximately $241,000. Millennium Management LLC acquired a new stake in SRH Total Return Fund in the fourth quarter valued at approximately $337,000. Finally, Roundview Capital LLC boosted its position in SRH Total Return Fund by 10.2% in the first quarter. Roundview Capital LLC now owns 21,699 shares of the company's stock valued at $374,000 after buying an additional 2,010 shares in the last quarter. Institutional investors and hedge funds own 15.61% of the company's stock.

SRH Total Return Fund Stock Up 0.1%

STEW stock opened at $17.60 on Monday. The company has a fifty day moving average price of $17.55 and a 200-day moving average price of $17.09. SRH Total Return Fund, Inc. has a 52-week low of $14.85 and a 52-week high of $17.95.

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.

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