Raymond James Financial Inc. Purchases Shares of 228,801 SRH Total Return Fund, Inc. (NYSE:STEW)

Raymond James Financial Inc. acquired a new position in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 228,801 shares of the company's stock, valued at approximately $3,665,000. Raymond James Financial Inc. owned approximately 0.24% of SRH Total Return Fund at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of STEW. JP Wealth Management Inc. acquired a new stake in SRH Total Return Fund during the 4th quarter valued at $14,841,000. Consolidated Portfolio Review Corp bought a new position in shares of SRH Total Return Fund in the fourth quarter valued at about $2,277,000. Independent Advisor Alliance acquired a new position in SRH Total Return Fund during the 4th quarter worth about $1,463,000. Concurrent Investment Advisors LLC acquired a new position in shares of SRH Total Return Fund during the fourth quarter worth approximately $822,000. Finally, RPO LLC grew its stake in shares of SRH Total Return Fund by 30.2% during the fourth quarter. RPO LLC now owns 169,290 shares of the company's stock valued at $2,712,000 after purchasing an additional 39,248 shares during the last quarter. Institutional investors own 15.61% of the company's stock.

SRH Total Return Fund Stock Performance

STEW stock opened at $16.96 on Monday. The company has a 50 day moving average price of $16.61 and a 200 day moving average price of $16.37. SRH Total Return Fund, Inc. has a fifty-two week low of $14.19 and a fifty-two week high of $17.46.

SRH Total Return Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be paid a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $0.66 dividend on an annualized basis and a yield of 3.89%.

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.

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