NBC Securities Inc. Has $164,000 Position in SRH Total Return Fund, Inc. (NYSE:STEW)

NBC Securities Inc. lifted its stake in SRH Total Return Fund, Inc. (NYSE:STEW) by 105,800.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,531 shares of the company’s stock after purchasing an additional 9,522 shares during the period. NBC Securities Inc.’s holdings in SRH Total Return Fund were worth $164,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. B. Riley Wealth Advisors Inc. increased its holdings in shares of SRH Total Return Fund by 6.4% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 401,936 shares of the company’s stock valued at $6,439,000 after purchasing an additional 24,005 shares in the last quarter. CSS LLC IL increased its holdings in shares of SRH Total Return Fund by 0.7% in the fourth quarter. CSS LLC IL now owns 666,055 shares of the company’s stock valued at $10,670,000 after purchasing an additional 4,842 shares in the last quarter. Waverly Advisors LLC acquired a new stake in shares of SRH Total Return Fund in the fourth quarter valued at approximately $241,000. Quantedge Capital Pte Ltd increased its holdings in shares of SRH Total Return Fund by 10.8% in the fourth quarter. Quantedge Capital Pte Ltd now owns 193,203 shares of the company’s stock valued at $3,095,000 after purchasing an additional 18,800 shares in the last quarter. Finally, Millennium Management LLC acquired a new stake in shares of SRH Total Return Fund in the fourth quarter valued at approximately $337,000. Institutional investors and hedge funds own 15.61% of the company’s stock.

SRH Total Return Fund Price Performance

Shares of SRH Total Return Fund stock opened at $17.53 on Tuesday. SRH Total Return Fund, Inc. has a fifty-two week low of $14.32 and a fifty-two week high of $17.89. The firm has a 50 day simple moving average of $17.06 and a 200 day simple moving average of $16.70.

SRH Total Return Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 24th will be paid a $0.165 dividend. The ex-dividend date is Thursday, July 24th. This represents a $0.66 dividend on an annualized basis and a yield of 3.76%.

About SRH Total Return Fund

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.