Northwestern Mutual Wealth Management Co. Has $86,000 Stock Position in SRH Total Return Fund, Inc. (NYSE:STEW)

Northwestern Mutual Wealth Management Co. lessened its position in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 30.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,880 shares of the company’s stock after selling 2,585 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SRH Total Return Fund were worth $86,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Choreo LLC bought a new stake in shares of SRH Total Return Fund in the 2nd quarter valued at approximately $185,000. Integrated Capital Management Inc. raised 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 worth $202,000 after acquiring an additional 1,690 shares in the last quarter. Nomura Holdings Inc. bought a new position in shares of SRH Total Return Fund during the fourth quarter valued at $198,000. Creekmur Asset Management LLC acquired a new stake in shares of SRH Total Return Fund in the 4th quarter valued at $566,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of SRH Total Return Fund by 66.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 44,540 shares of the company’s stock worth $648,000 after purchasing an additional 17,785 shares during the last quarter. 15.61% of the stock is currently owned by institutional investors.

SRH Total Return Fund Price Performance

Shares of STEW stock opened at $15.86 on Friday. SRH Total Return Fund, Inc. has a 12-month low of $12.07 and a 12-month high of $16.01. The firm has a 50-day moving average price of $15.49 and a 200 day moving average price of $14.93.

SRH Total Return Fund Dividend Announcement

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

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.