Pathstone Holdings LLC Purchases 123,445 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Pathstone Holdings LLC grew its position in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 11.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,197,409 shares of the company's stock after acquiring an additional 123,445 shares during the quarter. Pathstone Holdings LLC owned about 1.24% of SRH Total Return Fund worth $18,934,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Shaker Financial Services LLC raised its position in shares of SRH Total Return Fund by 3.0% in the 3rd quarter. Shaker Financial Services LLC now owns 655,209 shares of the company's stock valued at $10,352,000 after purchasing an additional 19,227 shares in the last quarter. Raymond James & Associates grew its holdings in SRH Total Return Fund by 4.1% during the 2nd quarter. Raymond James & Associates now owns 343,602 shares of the company's stock worth $4,999,000 after acquiring an additional 13,439 shares in the last quarter. Wolverine Asset Management LLC increased its position 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 during the last quarter. Rocky Mountain Advisers LLC raised its stake in SRH Total Return Fund by 0.4% during the third quarter. Rocky Mountain Advisers LLC now owns 191,446 shares of the company's stock valued at $3,025,000 after buying an additional 802 shares in the last quarter. Finally, Matisse Capital boosted its holdings in 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 during the period. 15.61% of the stock is currently owned by hedge funds and other institutional investors.

SRH Total Return Fund Stock Down 0.3 %

Shares of NYSE:STEW traded down $0.05 on Wednesday, reaching $16.11. 85,046 shares of the company's stock were exchanged, compared to its average volume of 78,632. SRH Total Return Fund, Inc. has a fifty-two week low of $13.26 and a fifty-two week high of $16.46. The business's 50-day moving average is $15.80 and its two-hundred day moving average is $15.20.

SRH Total Return Fund Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 24th will be issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Friday, January 24th. This is a positive change from SRH Total Return Fund's previous quarterly dividend of $0.14. This represents a $0.66 annualized dividend and a dividend yield of 4.10%.

About SRH Total Return Fund

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.