SRH Total Return Fund, Inc. $STEW Shares Bought by 1607 Capital Partners LLC

1607 Capital Partners LLC raised its position in SRH Total Return Fund, Inc. (NYSE:STEW) by 8.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 865,815 shares of the company’s stock after purchasing an additional 64,950 shares during the quarter. SRH Total Return Fund comprises 1.1% of 1607 Capital Partners LLC’s investment portfolio, making the stock its 19th biggest position. 1607 Capital Partners LLC owned 0.90% of SRH Total Return Fund worth $16,052,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. NewEdge Advisors LLC boosted its holdings in SRH Total Return Fund by 0.9% in the 3rd quarter. NewEdge Advisors LLC now owns 69,739 shares of the company’s stock valued at $1,266,000 after purchasing an additional 616 shares during the last quarter. Kestra Advisory Services LLC raised its stake in shares of SRH Total Return Fund by 5.9% in the 4th quarter. Kestra Advisory Services LLC now owns 18,560 shares of the company’s stock valued at $344,000 after acquiring an additional 1,035 shares during the period. Integrated Capital Management Inc. raised its stake in shares of SRH Total Return Fund by 5.5% in the 4th quarter. Integrated Capital Management Inc. now owns 20,650 shares of the company’s stock valued at $383,000 after acquiring an additional 1,078 shares during the period. Kingswood Wealth Advisors LLC raised its stake in shares of SRH Total Return Fund by 1.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 79,475 shares of the company’s stock valued at $1,473,000 after acquiring an additional 1,100 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of SRH Total Return Fund by 22.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,639 shares of the company’s stock valued at $170,000 after acquiring an additional 1,775 shares during the period. 15.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Jacob E. Hemmer purchased 5,000 shares of SRH Total Return Fund stock in a transaction dated Thursday, May 21st. The shares were acquired at an average cost of $17.53 per share, with a total value of $87,650.00. Following the purchase, the director owned 10,000 shares of the company’s stock, valued at approximately $175,300. The trade was a 100.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.09% of the company’s stock.

SRH Total Return Fund Price Performance

SRH Total Return Fund stock opened at $17.75 on Thursday. The company’s 50 day simple moving average is $17.67 and its 200-day simple moving average is $17.82. SRH Total Return Fund, Inc. has a 1 year low of $16.55 and a 1 year high of $18.67.

SRH Total Return Fund Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 24th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, July 24th.

SRH Total Return Fund Profile

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.