Connecticut Wealth Management LLC Makes New Investment in SRH Total Return Fund, Inc. (NYSE:STEW)

Connecticut Wealth Management LLC acquired a new stake in SRH Total Return Fund, Inc. (NYSE:STEW) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,128 shares of the company’s stock, valued at approximately $140,000.

A number of other hedge funds have also made changes to their positions in STEW. Baystate Wealth Management LLC acquired a new stake in SRH Total Return Fund in the 4th quarter valued at about $97,000. NBC Securities Inc. acquired a new position in SRH Total Return Fund in the third quarter worth approximately $120,000. Alta Capital Management LLC bought a new position in shares of SRH Total Return Fund in the fourth quarter valued at $433,000. Sugarloaf Wealth Management LLC lifted its position in shares of SRH Total Return Fund by 5.2% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 47,279 shares of the company’s stock valued at $656,000 after acquiring an additional 2,334 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of SRH Total Return Fund by 2.3% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 67,599 shares of the company’s stock worth $877,000 after acquiring an additional 1,522 shares in the last quarter. Institutional investors and hedge funds own 15.61% of the company’s stock.

SRH Total Return Fund Stock Up 0.2 %

Shares of SRH Total Return Fund stock opened at $14.40 on Tuesday. SRH Total Return Fund, Inc. has a 12-month low of $12.07 and a 12-month high of $15.09. The stock’s fifty day moving average is $14.62 and its 200-day moving average is $13.99.

SRH Total Return Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd were issued a dividend of $0.1375 per share. The ex-dividend date was Monday, April 22nd. This represents a $0.55 annualized dividend and a yield of 3.82%.

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.