Beverly Hills Private Wealth LLC Acquires 2,124 Shares of SRH Total Return Fund, Inc. $STEW

Beverly Hills Private Wealth LLC lifted its holdings in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 9.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 24,766 shares of the company’s stock after purchasing an additional 2,124 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in SRH Total Return Fund were worth $438,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in STEW. Oppenheimer & Co. Inc. boosted its stake 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 acquiring an additional 23,300 shares during the period. Consolidated Portfolio Review Corp boosted its stake in shares of 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 during the period. Allspring Global Investments Holdings LLC boosted its stake 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 acquiring an additional 7,136 shares during the period. Joel Isaacson & Co. LLC bought a new position in shares of SRH Total Return Fund during the 1st quarter worth approximately $450,000. Finally, D.A. Davidson & CO. boosted its stake in shares of SRH Total Return Fund by 3.0% during the 1st quarter. D.A. Davidson & CO. now owns 82,921 shares of the company’s stock worth $1,430,000 after acquiring an additional 2,437 shares during the period. 15.61% of the stock is currently owned by institutional investors.

SRH Total Return Fund Trading Up 0.4%

Shares of NYSE STEW opened at $17.87 on Tuesday. SRH Total Return Fund, Inc. has a 12 month low of $15.00 and a 12 month high of $18.67. The stock has a 50 day moving average of $18.15 and a 200-day moving average of $17.61.

SRH Total Return Fund Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 24th will be paid a $0.165 dividend. The ex-dividend date is Friday, October 24th. This represents a $0.66 annualized dividend and a yield of 3.7%.

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.