Janney Montgomery Scott LLC Makes New Investment in SRH Total Return Fund, Inc. $STEW

Janney Montgomery Scott LLC purchased a new stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,023 shares of the company’s stock, valued at approximately $565,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in STEW. Uhlmann Price Securities LLC lifted its position in shares of SRH Total Return Fund by 5.5% during the 1st quarter. Uhlmann Price Securities LLC now owns 89,699 shares of the company’s stock worth $1,619,000 after purchasing an additional 4,652 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in SRH Total Return Fund in the 4th quarter valued at approximately $32,000. NWF Advisory Services Inc. grew its holdings in SRH Total Return Fund by 17.7% in the 4th quarter. NWF Advisory Services Inc. now owns 20,950 shares of the company’s stock valued at $388,000 after buying an additional 3,150 shares during the last quarter. Evolve Private Wealth LLC bought a new position in SRH Total Return Fund in the 4th quarter worth approximately $2,961,000. Finally, 1607 Capital Partners LLC increased its position in SRH Total Return Fund by 8.1% in the 4th quarter. 1607 Capital Partners LLC now owns 865,815 shares of the company’s stock worth $16,052,000 after buying an additional 64,950 shares during the period. 15.61% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Jacob E. Hemmer bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was purchased at an average cost of $17.53 per share, for a total transaction of $87,650.00. Following the purchase, the director directly owned 10,000 shares in the company, valued at $175,300. This trade represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.09% of the stock is currently owned by insiders.

SRH Total Return Fund Trading Up 0.2%

Shares of STEW stock opened at $18.21 on Wednesday. SRH Total Return Fund, Inc. has a 12 month low of $16.55 and a 12 month high of $18.67. The stock has a 50 day moving average of $17.74 and a 200-day moving average of $17.79.

SRH Total Return Fund Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 24th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $0.80 dividend on an annualized basis and a yield of 4.4%.

SRH Total Return Fund Profile

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.