Wells Fargo & Company MN Purchases 22,035 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Wells Fargo & Company MN grew its stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 13.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 182,927 shares of the company's stock after acquiring an additional 22,035 shares during the period. Wells Fargo & Company MN owned 0.19% of SRH Total Return Fund worth $2,930,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of STEW. JP Wealth Management Inc. acquired a new position in SRH Total Return Fund during the fourth quarter valued at approximately $14,841,000. Blue Bell Private Wealth Management LLC raised its position in SRH Total Return Fund by 13.9% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 257,068 shares of the company's stock valued at $4,118,000 after purchasing an additional 31,316 shares in the last quarter. Raymond James Financial Inc. acquired a new position in SRH Total Return Fund during the fourth quarter valued at approximately $3,665,000. SRH Advisors LLC grew its stake in shares of SRH Total Return Fund by 0.4% during the fourth quarter. SRH Advisors LLC now owns 192,242 shares of the company's stock worth $3,080,000 after buying an additional 796 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of SRH Total Return Fund by 3.3% during the fourth quarter. LPL Financial LLC now owns 191,361 shares of the company's stock worth $3,066,000 after buying an additional 6,091 shares during the last quarter. 15.61% of the stock is currently owned by institutional investors and hedge funds.

SRH Total Return Fund Stock Performance

Shares of NYSE STEW traded up $0.06 during midday trading on Tuesday, reaching $17.13. 145,422 shares of the company were exchanged, compared to its average volume of 96,581. The stock's 50-day moving average price is $16.62 and its 200-day moving average price is $16.39. SRH Total Return Fund, Inc. has a one year low of $14.19 and a one year high of $17.46.

SRH Total Return Fund Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.85%.

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.