Raymond James Financial Inc. bought a new stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 228,801 shares of the company's stock, valued at approximately $3,665,000. Raymond James Financial Inc. owned approximately 0.24% of SRH Total Return Fund at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in STEW. Buffington Mohr McNeal acquired a new position in shares of SRH Total Return Fund in the fourth quarter worth $171,000. Steward Partners Investment Advisory LLC raised its stake in SRH Total Return Fund by 207.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 11,392 shares of the company's stock valued at $182,000 after purchasing an additional 7,692 shares during the last quarter. Absolute Investment Advisers LLC purchased a new position in SRH Total Return Fund in the 4th quarter valued at about $197,000. Synovus Financial Corp purchased a new position in SRH Total Return Fund in the 3rd quarter valued at about $202,000. Finally, PNC Financial Services Group Inc. boosted its stake 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 worth $216,000 after purchasing an additional 7,065 shares during the last quarter. Institutional investors and hedge funds own 15.61% of the company's stock.
SRH Total Return Fund Stock Up 0.8 %
NYSE:STEW traded up $0.14 during mid-day trading on Friday, reaching $17.44. The company's stock had a trading volume of 86,072 shares, compared to its average volume of 97,194. SRH Total Return Fund, Inc. has a twelve month low of $14.20 and a twelve month high of $17.58. The company's fifty day simple moving average is $16.64 and its two-hundred day simple moving average is $16.40.
SRH Total Return Fund Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd were paid a dividend of $0.165 per share. The ex-dividend date was Wednesday, April 23rd. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.79%.
SRH Total Return Fund 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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