SRH Total Return Fund, Inc. (NYSE:STEW) Shares Bought by Pathstone Holdings LLC

Pathstone Holdings LLC grew its stake in SRH Total Return Fund, Inc. (NYSE:STEW) by 11.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,197,409 shares of the company’s stock after purchasing an additional 123,445 shares during the period. Pathstone Holdings LLC’s holdings in SRH Total Return Fund were worth $18,934,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of STEW. Quarry LP acquired a new position in SRH Total Return Fund in the second quarter valued at approximately $153,000. Hudson Value Partners LLC purchased a new position in shares of SRH Total Return Fund during the 3rd quarter valued at approximately $193,000. Choreo LLC acquired a new position in shares of SRH Total Return Fund in the 2nd quarter valued at $185,000. Integrated Capital Management Inc. boosted its holdings in SRH Total Return Fund by 13.9% during the second quarter. Integrated Capital Management Inc. now owns 13,881 shares of the company’s stock worth $202,000 after buying an additional 1,690 shares in the last quarter. Finally, Sather Financial Group Inc purchased a new stake in SRH Total Return Fund during the third quarter worth $303,000. Hedge funds and other institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Stock Down 1.1 %

STEW opened at $16.15 on Wednesday. The company has a fifty day moving average of $15.79 and a two-hundred day moving average of $15.19. SRH Total Return Fund, Inc. has a fifty-two week low of $13.26 and a fifty-two week high of $16.46.

SRH Total Return Fund Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 24th will be issued a $0.165 dividend. 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 4.09%.

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.