Commonwealth Equity Services LLC Raises Holdings in SRH Total Return Fund, Inc. (NYSE:STEW)

Commonwealth Equity Services LLC increased its holdings in SRH Total Return Fund, Inc. (NYSE:STEW) by 66.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,540 shares of the company’s stock after acquiring an additional 17,785 shares during the quarter. Commonwealth Equity Services LLC’s holdings in SRH Total Return Fund were worth $648,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Rocky Mountain Advisers LLC raised its stake in shares of SRH Total Return Fund by 0.5% during the first quarter. Rocky Mountain Advisers LLC now owns 189,795 shares of the company’s stock worth $2,858,000 after purchasing an additional 860 shares during the last quarter. Clear Creek Financial Management LLC increased its stake in shares of SRH Total Return Fund by 2.3% during the second quarter. Clear Creek Financial Management LLC now owns 49,800 shares of the company’s stock worth $725,000 after acquiring an additional 1,100 shares during the period. Level Four Advisory Services LLC lifted its position in SRH Total Return Fund by 6.7% in the fourth quarter. Level Four Advisory Services LLC now owns 18,198 shares of the company’s stock valued at $252,000 after purchasing an additional 1,142 shares during the period. Integrated Capital Management Inc. boosted its holdings in SRH Total Return Fund by 13.9% in the 2nd quarter. Integrated Capital Management Inc. now owns 13,881 shares of the company’s stock valued at $202,000 after purchasing an additional 1,690 shares in the last quarter. Finally, Quantedge Capital Pte Ltd increased its position in SRH Total Return Fund by 1.7% during the 4th quarter. Quantedge Capital Pte Ltd now owns 135,403 shares of the company’s stock worth $1,878,000 after purchasing an additional 2,300 shares during the period. 15.61% of the stock is currently owned by institutional investors and hedge funds.

SRH Total Return Fund Price Performance

STEW opened at $15.83 on Friday. The business has a 50 day simple moving average of $15.32 and a 200-day simple moving average of $14.83. SRH Total Return Fund, Inc. has a 12 month low of $12.07 and a 12 month high of $16.01.

SRH Total Return Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 24th will be paid a $0.1375 dividend. This represents a $0.55 annualized dividend and a yield of 3.47%. The ex-dividend date is Thursday, October 24th.

SRH Total Return Fund Profile

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.