Raymond James & Associates trimmed its position in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 54.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 155,118 shares of the company's stock after selling 188,484 shares during the quarter. Raymond James & Associates owned approximately 0.16% of SRH Total Return Fund worth $2,451,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also made changes to their positions in the company. Sanctuary Advisors LLC bought a new position in SRH Total Return Fund during the 2nd quarter worth $2,369,000. Karpus Management Inc. grew its stake in SRH Total Return Fund by 86.7% during the 1st quarter. Karpus Management Inc. now owns 76,555 shares of the company's stock worth $1,153,000 after buying an additional 35,552 shares during the last quarter. Heritage Wealth Management Inc. bought a new position in SRH Total Return Fund during the 2nd quarter worth $462,000. Commonwealth Equity Services LLC grew its stake in SRH Total Return Fund by 66.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 44,540 shares of the company's stock worth $648,000 after buying an additional 17,785 shares during the last quarter. Finally, Choreo LLC bought a new position in SRH Total Return Fund during the 2nd quarter worth $185,000. 15.61% of the stock is currently owned by institutional investors.
SRH Total Return Fund Price Performance
STEW traded up $0.59 during trading on Wednesday, reaching $16.05. 163,980 shares of the company were exchanged, compared to its average volume of 77,714. The firm has a 50 day moving average of $15.71 and a 200 day moving average of $15.07. SRH Total Return Fund, Inc. has a 52 week low of $12.81 and a 52 week high of $16.08.
SRH Total Return Fund Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 24th were given a dividend of $0.1375 per share. The ex-dividend date of this dividend was Thursday, October 24th. This represents a $0.55 dividend on an annualized basis and a yield of 3.43%.
SRH Total Return Fund Profile
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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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