SRH Total Return Fund, Inc. $STEW Stock Position Increased by Park Avenue Securities LLC

Park Avenue Securities LLC boosted its position in SRH Total Return Fund, Inc. (NYSE:STEW) by 15.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 95,541 shares of the company’s stock after buying an additional 12,866 shares during the quarter. Park Avenue Securities LLC’s holdings in SRH Total Return Fund were worth $1,689,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC raised its position in shares of SRH Total Return Fund by 1.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 541,448 shares of the company’s stock worth $9,340,000 after buying an additional 7,136 shares in the last quarter. Millennium Management LLC bought a new stake in shares of SRH Total Return Fund during the 4th quarter worth about $337,000. Oppenheimer & Co. Inc. raised its position in shares of SRH Total Return Fund by 32.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 96,071 shares of the company’s stock worth $1,657,000 after buying an additional 23,300 shares in the last quarter. Beverly Hills Private Wealth LLC bought a new stake in shares of SRH Total Return Fund during the 1st quarter worth about $391,000. Finally, Joel Isaacson & Co. LLC bought a new stake in shares of SRH Total Return Fund during the 1st quarter worth about $450,000. 15.61% of the stock is currently owned by institutional investors.

SRH Total Return Fund Stock Performance

STEW stock opened at $18.09 on Friday. SRH Total Return Fund, Inc. has a 52 week low of $15.00 and a 52 week high of $18.67. The firm’s 50-day moving average is $18.05 and its two-hundred day moving average is $17.45.

SRH Total Return Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, October 24th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Friday, October 24th. This represents a $0.66 annualized dividend and a dividend yield of 3.6%.

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.