146,354 Shares in SRH Total Return Fund, Inc. $STEW Acquired by Evolve Private Wealth LLC

Evolve Private Wealth LLC acquired a new stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 146,354 shares of the company’s stock, valued at approximately $2,620,000. Evolve Private Wealth LLC owned 0.15% of SRH Total Return Fund as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of STEW. Allspring Global Investments Holdings LLC boosted its position in SRH Total Return Fund by 9.6% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 721,643 shares of the company’s stock valued at $12,340,000 after buying an additional 63,439 shares during the period. Beverly Hills Private Wealth LLC bought a new stake in shares of SRH Total Return Fund during the second quarter valued at approximately $1,063,000. 1607 Capital Partners LLC boosted its holdings in shares of SRH Total Return Fund by 8.1% in the fourth quarter. 1607 Capital Partners LLC now owns 865,815 shares of the company’s stock valued at $16,052,000 after purchasing an additional 64,950 shares during the period. Winning Points Advisors LLC purchased a new stake in shares of SRH Total Return Fund in the fourth quarter valued at approximately $3,414,000. Finally, Janney Montgomery Scott LLC bought a new position in SRH Total Return Fund in the first quarter worth approximately $565,000. Hedge funds and other institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Stock Up 0.2%

Shares of NYSE STEW opened at $18.26 on Friday. The business has a fifty day simple moving average of $18.24 and a two-hundred day simple moving average of $17.84. SRH Total Return Fund, Inc. has a twelve month low of $16.55 and a twelve month high of $19.05.

SRH Total Return Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 23rd will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $0.80 dividend on an annualized basis and a yield of 4.4%.

About SRH Total Return Fund

SRH Total Return Fund (NYSE: STEW) is a diversified closed-end management investment company seeking high total return through a combination of income and capital appreciation. The fund pursues its objective by investing primarily in income-producing securities such as corporate bonds, convertible securities, preferred stocks and dividend-paying common stocks.

Portfolio managers employ active credit analysis and duration management to navigate changing market conditions and capture yield opportunities across both investment-grade and high-yield segments.