SRH Total Return Fund, Inc. (NYSE:STEW) Shares Sold by Sugarloaf Wealth Management LLC

Sugarloaf Wealth Management LLC lowered its stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 85.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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.

Other institutional investors have also modified their holdings of the company. Commonwealth Equity Services LLC raised its stake in SRH Total Return Fund by 66.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 44,540 shares of the company’s stock worth $648,000 after acquiring an additional 17,785 shares in the last quarter. Choreo LLC purchased a new position in shares of SRH Total Return Fund during the second quarter worth about $185,000. NewEdge Advisors LLC increased its position in shares of SRH Total Return Fund by 2.7% during the second quarter. NewEdge Advisors LLC now owns 67,873 shares of the company’s stock worth $988,000 after purchasing an additional 1,795 shares in the last quarter. Quarry LP acquired a new stake in shares of SRH Total Return Fund in the 2nd quarter valued at about $153,000. Finally, Sanctuary Advisors LLC purchased a new position in SRH Total Return Fund during the 2nd quarter worth approximately $2,369,000. Hedge funds and other institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Trading Down 1.1 %

Shares of NYSE STEW opened at $15.81 on Friday. SRH Total Return Fund, Inc. has a twelve month low of $13.64 and a twelve month high of $16.83. The stock has a 50 day moving average of $16.21 and a two-hundred day moving average of $15.65.

SRH Total Return Fund Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 24th will be given a $0.165 dividend. This is an increase from SRH Total Return Fund’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.66 annualized dividend and a yield of 4.17%.

About SRH Total Return Fund

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.