Oppenheimer & Co. Inc. Increases Holdings in SRH Total Return Fund, Inc. (NYSE:STEW)

Oppenheimer & Co. Inc. grew its holdings in SRH Total Return Fund, Inc. (NYSE:STEW) by 32.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,071 shares of the company’s stock after acquiring an additional 23,300 shares during the period. Oppenheimer & Co. Inc.’s holdings in SRH Total Return Fund were worth $1,657,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in STEW. Private Advisor Group LLC lifted its position in shares of SRH Total Return Fund by 15.5% in the fourth quarter. Private Advisor Group LLC now owns 20,957 shares of the company’s stock valued at $336,000 after acquiring an additional 2,805 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of SRH Total Return Fund by 207.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,392 shares of the company’s stock valued at $182,000 after acquiring an additional 7,692 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of SRH Total Return Fund in the fourth quarter valued at about $3,665,000. Blue Bell Private Wealth Management LLC lifted its position in shares of SRH Total Return Fund by 13.9% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 257,068 shares of the company’s stock valued at $4,118,000 after acquiring an additional 31,316 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of SRH Total Return Fund by 110.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 13,475 shares of the company’s stock worth $216,000 after buying an additional 7,065 shares in the last quarter. 15.61% of the stock is currently owned by hedge funds and other institutional investors.

SRH Total Return Fund Trading Up 0.6%

NYSE:STEW opened at $17.57 on Friday. SRH Total Return Fund, Inc. has a 12 month low of $14.32 and a 12 month high of $17.89. The business’s 50-day moving average is $17.34 and its 200 day moving average is $16.76.

SRH Total Return Fund Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 24th will be given a $0.165 dividend. The ex-dividend date is Thursday, July 24th. 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.