Sugarloaf Wealth Management LLC Decreases Position in SRH Total Return Fund, Inc. (NYSE:STEW)

Sugarloaf Wealth Management LLC reduced its position in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 85.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,348 shares of the company's stock after selling 36,633 shares during the quarter. Sugarloaf Wealth Management LLC's holdings in SRH Total Return Fund were worth $102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quarry LP purchased a new position in SRH Total Return Fund in the 2nd quarter worth approximately $153,000. Hudson Value Partners LLC bought a new position in shares of SRH Total Return Fund during the third quarter worth $193,000. Choreo LLC purchased a new position in SRH Total Return Fund during the second quarter valued at $185,000. Synovus Financial Corp bought a new stake in SRH Total Return Fund in the 3rd quarter valued at $202,000. Finally, Sather Financial Group Inc purchased a new stake in SRH Total Return Fund in the 3rd quarter worth $303,000. 15.61% of the stock is owned by hedge funds and other institutional investors.

SRH Total Return Fund Stock Down 1.1 %

Shares of STEW traded down $0.17 during midday trading on Friday, hitting $15.81. 136,151 shares of the company traded hands, compared to its average volume of 78,642. The firm has a 50 day moving average of $16.21 and a 200-day moving average of $15.66. SRH Total Return Fund, Inc. has a 52 week low of $13.64 and a 52 week high of $16.83.

SRH Total Return Fund Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 24th will be paid a dividend of $0.165 per share. The ex-dividend date 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 dividend on an annualized basis and a yield of 4.17%.

SRH Total Return Fund 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.