Oppenheimer & Co. Inc. Purchases 804 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Oppenheimer & Co. Inc. lifted its position in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 1.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,771 shares of the company’s stock after purchasing an additional 804 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in SRH Total Return Fund were worth $1,150,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Wolverine Asset Management LLC boosted its position in shares of SRH Total Return Fund by 1.3% during the third quarter. Wolverine Asset Management LLC now owns 312,888 shares of the company’s stock valued at $4,944,000 after purchasing an additional 4,008 shares in the last quarter. Rocky Mountain Advisers LLC boosted its position in shares of SRH Total Return Fund by 0.4% during the third quarter. Rocky Mountain Advisers LLC now owns 191,446 shares of the company’s stock valued at $3,025,000 after purchasing an additional 802 shares in the last quarter. Hudson Value Partners LLC bought a new stake in shares of SRH Total Return Fund during the third quarter valued at approximately $193,000. Shaker Financial Services LLC boosted its position in shares of SRH Total Return Fund by 3.0% during the third quarter. Shaker Financial Services LLC now owns 655,209 shares of the company’s stock valued at $10,352,000 after purchasing an additional 19,227 shares in the last quarter. Finally, Heritage Wealth Management Inc. bought a new stake in shares of SRH Total Return Fund during the second quarter valued at approximately $462,000. 15.61% of the stock is currently owned by institutional investors.

SRH Total Return Fund Stock Performance

NYSE STEW opened at $16.35 on Tuesday. The stock’s 50 day moving average is $15.77 and its 200 day moving average is $15.17. SRH Total Return Fund, Inc. has a twelve month low of $13.26 and a twelve month high of $16.46.

SRH Total Return Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 24th will be paid a dividend of $0.165 per share. This is a boost from SRH Total Return Fund’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.66 dividend on an annualized basis and a yield of 4.04%.

About SRH Total Return Fund

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.