Kingdom Financial Group LLC. Makes New $2.87 Million Investment in SRH Total Return Fund, Inc. $STEW

Kingdom Financial Group LLC. bought a new position in shares of SRH Total Return Fund, Inc. (NYSE:STEW) during the 4th quarter, Holdings Channel reports. The firm bought 154,509 shares of the company’s stock, valued at approximately $2,865,000. SRH Total Return Fund makes up 0.9% of Kingdom Financial Group LLC.’s investment portfolio, making the stock its 15th biggest position.

Several other large investors have also modified their holdings of STEW. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of SRH Total Return Fund by 1,000.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,200 shares of the company’s stock valued at $41,000 after purchasing an additional 2,000 shares during the last quarter. Global Retirement Partners LLC grew its position in shares of SRH Total Return Fund by 38.3% in the fourth quarter. Global Retirement Partners LLC now owns 8,005 shares of the company’s stock valued at $148,000 after purchasing an additional 2,218 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of SRH Total Return Fund by 22.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,639 shares of the company’s stock valued at $170,000 after purchasing an additional 1,775 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of SRH Total Return Fund in the second quarter valued at approximately $191,000. Finally, Moloney Securities Asset Management LLC acquired a new stake in shares of SRH Total Return Fund in the third quarter valued at approximately $235,000. 15.61% of the stock is currently owned by institutional investors and hedge funds.

SRH Total Return Fund Trading Up 0.1%

STEW stock opened at $17.58 on Friday. The company’s 50 day simple moving average is $17.48 and its 200-day simple moving average is $17.85. SRH Total Return Fund, Inc. has a 12 month low of $16.55 and a 12 month high of $18.67.

SRH Total Return Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 24th will be given a $0.20 dividend. The ex-dividend date is Friday, July 24th. This represents a $0.80 annualized dividend and a dividend yield of 4.6%.

About SRH Total Return Fund

SRH Total Return Fund (NYSE: STEW) is a diversified closed-end management investment company seeking high total return through a combination of income and capital appreciation. The fund pursues its objective by investing primarily in income-producing securities such as corporate bonds, convertible securities, preferred stocks and dividend-paying common stocks.

Portfolio managers employ active credit analysis and duration management to navigate changing market conditions and capture yield opportunities across both investment-grade and high-yield segments.