Raymond James & Associates Decreases Stock Position in SRH Total Return Fund, Inc. (NYSE:STEW)

Raymond James & Associates cut its stake in SRH Total Return Fund, Inc. (NYSE:STEW) by 54.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,118 shares of the company’s stock after selling 188,484 shares during the period. Raymond James & Associates owned 0.16% of SRH Total Return Fund worth $2,451,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in STEW. Clear Creek Financial Management LLC grew its position 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 last quarter. Integrated Capital Management Inc. lifted its stake in SRH Total Return Fund by 13.9% during the second quarter. Integrated Capital Management Inc. now owns 13,881 shares of the company’s stock valued at $202,000 after buying an additional 1,690 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of SRH Total Return Fund by 2.7% in the second quarter. NewEdge Advisors LLC now owns 67,873 shares of the company’s stock worth $988,000 after purchasing an additional 1,795 shares in the last quarter. Blue Bell Private Wealth Management LLC lifted its position in shares of SRH Total Return Fund by 6.6% in the second quarter. Blue Bell Private Wealth Management LLC now owns 144,744 shares of the company’s stock worth $2,106,000 after purchasing an additional 9,018 shares in the last quarter. Finally, Matisse Capital lifted its position in shares of SRH Total Return Fund by 5.9% in the second quarter. Matisse Capital now owns 180,000 shares of the company’s stock worth $2,619,000 after purchasing an additional 10,000 shares in the last quarter. 15.61% of the stock is owned by institutional investors and hedge funds.

SRH Total Return Fund Stock Up 0.9 %

Shares of STEW opened at $15.47 on Wednesday. The firm’s 50 day moving average price is $15.70 and its 200 day moving average price is $15.07. SRH Total Return Fund, Inc. has a twelve month low of $12.81 and a twelve month high of $16.08.

SRH Total Return Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 24th were paid a $0.1375 dividend. The ex-dividend date was Thursday, October 24th. This represents a $0.55 annualized dividend and a dividend yield of 3.56%.

SRH Total Return Fund Company 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.