Kingswood Wealth Advisors LLC raised its stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 38.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 78,375 shares of the company's stock after purchasing an additional 21,950 shares during the quarter. Kingswood Wealth Advisors LLC owned 0.08% of SRH Total Return Fund worth $1,352,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of the company. Level Four Advisory Services LLC raised its stake in shares of SRH Total Return Fund by 4.8% in the fourth quarter. Level Four Advisory Services LLC now owns 18,496 shares of the company's stock valued at $296,000 after acquiring an additional 854 shares during the last quarter. MML Investors Services LLC raised its position in SRH Total Return Fund by 1.7% in the 4th quarter. MML Investors Services LLC now owns 73,787 shares of the company's stock worth $1,182,000 after purchasing an additional 1,212 shares during the last quarter. HighTower Advisors LLC raised its position in SRH Total Return Fund by 1.7% in the 4th quarter. HighTower Advisors LLC now owns 104,060 shares of the company's stock worth $1,667,000 after purchasing an additional 1,702 shares during the last quarter. Private Advisor Group LLC raised its position in SRH Total Return Fund by 15.5% in the 4th quarter. Private Advisor Group LLC now owns 20,957 shares of the company's stock worth $336,000 after purchasing an additional 2,805 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in SRH Total Return Fund by 5.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 87,326 shares of the company's stock worth $1,399,000 after purchasing an additional 4,563 shares during the last quarter. Institutional investors own 15.61% of the company's stock.
SRH Total Return Fund Stock Performance
STEW stock traded up $0.17 during trading on Monday, hitting $17.32. The company had a trading volume of 90,989 shares, compared to its average volume of 105,188. The firm has a 50-day moving average price of $17.26 and a 200-day moving average price of $16.74. SRH Total Return Fund, Inc. has a 12 month low of $14.32 and a 12 month high of $17.89.
SRH Total Return Fund Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 24th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 3.81%. The ex-dividend date is Thursday, July 24th.
SRH Total Return Fund Profile
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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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