Mariner LLC Cuts Stock Holdings in SRH Total Return Fund, Inc. (NYSE:STEW)

Mariner LLC cut its stake in SRH Total Return Fund, Inc. (NYSE:STEW) by 18.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,149 shares of the company’s stock after selling 5,037 shares during the period. Mariner LLC’s holdings in SRH Total Return Fund were worth $355,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Synovus Financial Corp purchased a new position in shares of SRH Total Return Fund in the 3rd quarter valued at about $202,000. Park Avenue Securities LLC lifted its stake in SRH Total Return Fund by 2.9% in the fourth quarter. Park Avenue Securities LLC now owns 82,691 shares of the company’s stock worth $1,325,000 after acquiring an additional 2,297 shares during the last quarter. Dakota Wealth Management acquired a new position in SRH Total Return Fund during the 4th quarter worth approximately $308,000. Kingswood Wealth Advisors LLC increased its position in shares of SRH Total Return Fund by 13.8% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 56,425 shares of the company’s stock valued at $904,000 after purchasing an additional 6,850 shares during the last quarter. Finally, Buffington Mohr McNeal acquired a new stake in shares of SRH Total Return Fund in the 4th quarter valued at $171,000. 15.61% of the stock is owned by institutional investors and hedge funds.

SRH Total Return Fund Trading Up 1.3 %

Shares of STEW stock opened at $17.53 on Friday. The firm has a fifty day moving average price of $16.65 and a 200 day moving average price of $16.42. SRH Total Return Fund, Inc. has a 12 month low of $14.20 and a 12 month high of $17.59.

SRH Total Return Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd were issued a $0.165 dividend. The ex-dividend date of this dividend was Wednesday, April 23rd. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.76%.

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.