Rpo LLC Raises Holdings in SRH Total Return Fund, Inc. (NYSE:STEW)

Rpo LLC lifted its holdings in SRH Total Return Fund, Inc. (NYSE:STEW) by 30.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 169,290 shares of the company’s stock after acquiring an additional 39,248 shares during the period. SRH Total Return Fund makes up approximately 2.5% of Rpo LLC’s portfolio, making the stock its 5th biggest position. Rpo LLC’s holdings in SRH Total Return Fund were worth $2,712,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Level Four Advisory Services LLC increased its stake in shares of SRH Total Return Fund by 4.8% in the 4th quarter. Level Four Advisory Services LLC now owns 18,496 shares of the company’s stock valued at $296,000 after acquiring an additional 854 shares in the last quarter. LPL Financial LLC grew its holdings in SRH Total Return Fund by 3.3% in the fourth quarter. LPL Financial LLC now owns 191,361 shares of the company’s stock worth $3,066,000 after purchasing an additional 6,091 shares during the period. HighTower Advisors LLC increased its stake in SRH Total Return Fund by 1.7% in the fourth quarter. HighTower Advisors LLC now owns 104,060 shares of the company’s stock valued at $1,667,000 after purchasing an additional 1,702 shares in the last quarter. Independent Advisor Alliance acquired a new position in shares of SRH Total Return Fund during the fourth quarter valued at about $1,463,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of SRH Total Return Fund by 110.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 13,475 shares of the company’s stock worth $216,000 after purchasing an additional 7,065 shares in the last quarter. 15.61% of the stock is owned by institutional investors and hedge funds.

SRH Total Return Fund Stock Performance

Shares of STEW opened at $17.37 on Thursday. SRH Total Return Fund, Inc. has a one year low of $14.19 and a one year high of $17.46. The stock has a 50-day moving average of $16.70 and a 200-day moving average of $16.27.

SRH Total Return Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be paid a $0.165 dividend. The ex-dividend date is Wednesday, April 23rd. This represents a $0.66 dividend on an annualized basis and a yield of 3.80%.

SRH Total Return Fund Company 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.