Oppenheimer & Co. Inc. Acquires 23,300 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Oppenheimer & Co. Inc. raised its holdings in SRH Total Return Fund, Inc. (NYSE:STEW) by 32.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 96,071 shares of the company’s stock after buying an additional 23,300 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.10% of SRH Total Return Fund worth $1,657,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Level Four Advisory Services LLC lifted its stake in shares of SRH Total Return Fund by 4.8% in the 4th quarter. Level Four Advisory Services LLC now owns 18,496 shares of the company’s stock valued at $296,000 after purchasing an additional 854 shares during the period. MML Investors Services LLC lifted its stake in shares of SRH Total Return Fund by 1.7% in the 4th quarter. MML Investors Services LLC now owns 73,787 shares of the company’s stock valued at $1,182,000 after purchasing an additional 1,212 shares during the period. HighTower Advisors LLC lifted its stake in shares of SRH Total Return Fund by 1.7% in the 4th quarter. HighTower Advisors LLC now owns 104,060 shares of the company’s stock valued at $1,667,000 after purchasing an additional 1,702 shares during the period. Private Advisor Group LLC raised its stake in SRH Total Return Fund by 15.5% during the fourth quarter. Private Advisor Group LLC now owns 20,957 shares of the company’s stock valued at $336,000 after buying an additional 2,805 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in SRH Total Return Fund by 5.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 87,326 shares of the company’s stock valued at $1,399,000 after buying an additional 4,563 shares during the last quarter. 15.61% of the stock is currently owned by institutional investors.

SRH Total Return Fund Trading Up 0.6%

Shares of NYSE:STEW opened at $17.57 on Friday. The stock has a fifty day simple moving average of $17.34 and a two-hundred day simple moving average of $16.76. SRH Total Return Fund, Inc. has a 12-month low of $14.32 and a 12-month high of $17.89.

SRH Total Return Fund Announces Dividend

The business 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 dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date of this dividend is Thursday, July 24th.

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.