RPO LLC lifted its stake in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 30.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 169,290 shares of the company's stock after acquiring an additional 39,248 shares during the period. SRH Total Return Fund accounts for 2.5% of RPO LLC's portfolio, making the stock its 5th largest position. RPO LLC owned 0.18% of SRH Total Return Fund worth $2,712,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in the stock. JP Wealth Management Inc. purchased a new position in SRH Total Return Fund in the fourth quarter worth $14,841,000. Blue Bell Private Wealth Management LLC lifted its holdings in shares of SRH Total Return Fund by 13.9% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 257,068 shares of the company's stock valued at $4,118,000 after buying an additional 31,316 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of SRH Total Return Fund in the fourth quarter worth about $3,665,000. SRH Advisors LLC grew its holdings in SRH Total Return Fund by 0.4% during the fourth quarter. SRH Advisors LLC now owns 192,242 shares of the company's stock worth $3,080,000 after acquiring an additional 796 shares during the period. Finally, LPL Financial LLC lifted its holdings in SRH Total Return Fund by 3.3% in the fourth quarter. LPL Financial LLC now owns 191,361 shares of the company's stock valued at $3,066,000 after acquiring an additional 6,091 shares during the period. 15.61% of the stock is currently owned by hedge funds and other institutional investors.
SRH Total Return Fund Stock Up 3.2 %
STEW stock traded up $0.50 during midday trading on Tuesday, hitting $16.02. 172,591 shares of the stock traded hands, compared to its average volume of 90,718. The stock's fifty day simple moving average is $16.67 and its 200-day simple moving average is $16.29. SRH Total Return Fund, Inc. has a 1-year low of $14.19 and a 1-year high of $17.46.
SRH Total Return Fund Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors 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 annualized dividend and a dividend yield of 4.12%.
SRH Total Return Fund Company Profile
(
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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