LPL Financial LLC Sells 4,195 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

LPL Financial LLC cut its position in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 2.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 187,166 shares of the company’s stock after selling 4,195 shares during the period. LPL Financial LLC owned about 0.19% of SRH Total Return Fund worth $3,229,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of STEW. Allspring Global Investments Holdings LLC increased its holdings in shares of SRH Total Return Fund by 1.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 541,448 shares of the company’s stock valued at $9,340,000 after acquiring an additional 7,136 shares during the period. Millennium Management LLC purchased a new position in SRH Total Return Fund during the 4th quarter worth $337,000. B. Riley Wealth Advisors Inc. grew its stake in SRH Total Return Fund by 6.4% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 401,936 shares of the company’s stock worth $6,439,000 after buying an additional 24,005 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in SRH Total Return Fund by 32.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 96,071 shares of the company’s stock worth $1,657,000 after buying an additional 23,300 shares during the last quarter. Finally, Beverly Hills Private Wealth LLC purchased a new stake in SRH Total Return Fund during the 1st quarter valued at about $391,000. 15.61% of the stock is owned by institutional investors.

SRH Total Return Fund Trading Up 0.1%

SRH Total Return Fund stock opened at $18.00 on Friday. The business’s 50-day simple moving average is $17.59 and its two-hundred day simple moving average is $17.14. SRH Total Return Fund, Inc. has a fifty-two week low of $15.00 and a fifty-two week high of $18.11.

SRH Total Return Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 24th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, October 24th.

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.