Dakota Wealth Management purchased a new stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 19,220 shares of the company's stock, valued at approximately $308,000.
A number of other hedge funds also recently added to or reduced their stakes in the company. Rocky Mountain Advisers LLC grew its holdings in shares of SRH Total Return Fund by 0.4% in the third quarter. Rocky Mountain Advisers LLC now owns 191,446 shares of the company's stock worth $3,025,000 after acquiring an additional 802 shares during the period. Oppenheimer & Co. Inc. grew its position in SRH Total Return Fund by 1.1% during the third quarter. Oppenheimer & Co. Inc. now owns 72,771 shares of the company's stock valued at $1,150,000 after buying an additional 804 shares during the period. NewEdge Advisors LLC boosted its stake in shares of SRH Total Return Fund by 2.7% during the 2nd quarter. NewEdge Advisors LLC now owns 67,873 shares of the company's stock worth $988,000 after acquiring an additional 1,795 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of SRH Total Return Fund by 2.9% during the 4th quarter. Park Avenue Securities LLC now owns 82,691 shares of the company's stock valued at $1,325,000 after acquiring an additional 2,297 shares during the period. Finally, Wolverine Asset Management LLC increased its stake in shares of SRH Total Return Fund by 1.3% in the 3rd quarter. Wolverine Asset Management LLC now owns 312,888 shares of the company's stock worth $4,944,000 after purchasing an additional 4,008 shares in the last quarter. 15.61% of the stock is currently owned by hedge funds and other institutional investors.
SRH Total Return Fund Trading Down 0.6 %
STEW stock traded down $0.10 during trading on Friday, reaching $16.52. The company's stock had a trading volume of 42,717 shares, compared to its average volume of 57,623. The company's fifty day moving average is $16.27 and its 200-day moving average is $15.80. SRH Total Return Fund, Inc. has a 1 year low of $13.95 and a 1 year high of $16.83.
SRH Total Return Fund Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 24th will be given a dividend of $0.165 per share. The ex-dividend date is Friday, January 24th. This represents a $0.66 annualized dividend and a yield of 4.00%. This is a positive change from SRH Total Return Fund's previous quarterly dividend of $0.14.
About SRH Total Return Fund
(
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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