Quarry LP Takes Position in SRH Total Return Fund, Inc. (NYSE:STEW)

Quarry LP purchased a new stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,500 shares of the company’s stock, valued at approximately $153,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bulldog Investors LLP increased its position in shares of SRH Total Return Fund by 12.8% in the fourth quarter. Bulldog Investors LLP now owns 1,360,514 shares of the company’s stock worth $18,761,000 after purchasing an additional 154,353 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its position in shares of SRH Total Return Fund by 21.3% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 661,288 shares of the company’s stock worth $9,172,000 after purchasing an additional 116,150 shares during the last quarter. Karpus Management Inc. bought a new position in shares of SRH Total Return Fund in the fourth quarter worth approximately $569,000. Creekmur Asset Management LLC bought a new position in shares of SRH Total Return Fund in the fourth quarter worth approximately $566,000. Finally, Commonwealth Equity Services LLC increased its position in shares of SRH Total Return Fund by 66.5% in the second quarter. Commonwealth Equity Services LLC now owns 44,540 shares of the company’s stock worth $648,000 after purchasing an additional 17,785 shares during the last quarter. 15.61% of the stock is currently owned by institutional investors.

SRH Total Return Fund Stock Performance

STEW stock opened at $15.80 on Tuesday. The company’s 50 day moving average is $15.38 and its 200 day moving average is $14.87. SRH Total Return Fund, Inc. has a 1-year low of $12.07 and a 1-year high of $16.01.

SRH Total Return Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 24th will be given a $0.1375 dividend. This represents a $0.55 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend is Thursday, October 24th.

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.