SRH Total Return Fund, Inc. $STEW Shares Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC boosted its position in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 15.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,541 shares of the company’s stock after purchasing an additional 12,866 shares during the period. Park Avenue Securities LLC owned approximately 0.10% of SRH Total Return Fund worth $1,689,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in STEW. SouthState Corp acquired a new stake in SRH Total Return Fund during the 1st quarter valued at $1,725,000. Consolidated Portfolio Review Corp grew its holdings in SRH Total Return Fund by 42.1% during the 1st quarter. Consolidated Portfolio Review Corp now owns 201,973 shares of the company’s stock worth $3,484,000 after acquiring an additional 59,857 shares in the last quarter. JP Wealth Management Inc. grew its holdings in SRH Total Return Fund by 4.5% during the 1st quarter. JP Wealth Management Inc. now owns 968,445 shares of the company’s stock worth $16,706,000 after acquiring an additional 42,040 shares in the last quarter. Readystate Asset Management LP grew its holdings in SRH Total Return Fund by 133.4% during the 1st quarter. Readystate Asset Management LP now owns 65,399 shares of the company’s stock worth $1,128,000 after acquiring an additional 37,379 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in SRH Total Return Fund by 17.4% during the 1st quarter. Royal Bank of Canada now owns 186,601 shares of the company’s stock worth $3,218,000 after acquiring an additional 27,642 shares in the last quarter. 15.61% of the stock is owned by institutional investors and hedge funds.

SRH Total Return Fund Price Performance

Shares of STEW stock opened at $18.09 on Friday. SRH Total Return Fund, Inc. has a 1-year low of $15.00 and a 1-year high of $18.67. The firm has a fifty day moving average of $18.05 and a two-hundred day moving average of $17.45.

SRH Total Return Fund Dividend Announcement

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

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.