Wolverine Asset Management LLC trimmed its stake in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 7.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 288,883 shares of the company's stock after selling 24,005 shares during the period. Wolverine Asset Management LLC owned 0.30% of SRH Total Return Fund worth $4,628,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Buffington Mohr McNeal purchased a new position in SRH Total Return Fund in the fourth quarter valued at about $171,000. Hudson Value Partners LLC bought a new position in shares of SRH Total Return Fund during the 3rd quarter worth approximately $193,000. Absolute Investment Advisers LLC purchased a new stake in SRH Total Return Fund during the fourth quarter valued at approximately $197,000. Synovus Financial Corp acquired a new stake in SRH Total Return Fund in the third quarter valued at approximately $202,000. Finally, Calamos Advisors LLC purchased a new position in SRH Total Return Fund in the fourth quarter worth $272,000. 15.61% of the stock is currently owned by hedge funds and other institutional investors.
SRH Total Return Fund Stock Performance
Shares of STEW stock traded down $0.01 during trading hours on Tuesday, reaching $16.79. 44,775 shares of the company's stock were exchanged, compared to its average volume of 65,510. SRH Total Return Fund, Inc. has a fifty-two week low of $14.19 and a fifty-two week high of $17.00. The stock's 50 day moving average is $16.36 and its 200-day moving average is $16.04.
SRH Total Return Fund Announces Dividend
The firm also recently declared 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. This represents a $0.66 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date is Wednesday, April 23rd.
SRH Total Return Fund Company 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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