Evolve Private Wealth LLC Invests $2.96 Million in SRH Total Return Fund, Inc. $STEW

Evolve Private Wealth LLC purchased a new position in shares of SRH Total Return Fund, Inc. (NYSE:STEW) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 159,690 shares of the company’s stock, valued at approximately $2,961,000. Evolve Private Wealth LLC owned 0.17% of SRH Total Return Fund as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of SRH Total Return Fund by 1,000.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,200 shares of the company’s stock worth $41,000 after purchasing an additional 2,000 shares during the period. Global Retirement Partners LLC grew its stake in shares of SRH Total Return Fund by 38.3% during the 4th quarter. Global Retirement Partners LLC now owns 8,005 shares of the company’s stock worth $148,000 after purchasing an additional 2,218 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of SRH Total Return Fund by 22.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,639 shares of the company’s stock worth $170,000 after purchasing an additional 1,775 shares during the period. Jane Street Group LLC acquired a new position in shares of SRH Total Return Fund during the 2nd quarter worth $191,000. Finally, Greenwood Gearhart Inc. acquired a new position in shares of SRH Total Return Fund during the 3rd quarter worth $257,000. 15.61% of the stock is owned by institutional investors and hedge funds.

Insider Activity at SRH Total Return Fund

In other SRH Total Return Fund news, Director Jacob E. Hemmer acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were acquired at an average cost of $17.53 per share, for a total transaction of $87,650.00. Following the transaction, the director directly owned 10,000 shares of the company’s stock, valued at approximately $175,300. This represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.09% of the stock is owned by corporate insiders.

SRH Total Return Fund Trading Down 0.4%

SRH Total Return Fund stock opened at $17.75 on Thursday. SRH Total Return Fund, Inc. has a 52 week low of $16.55 and a 52 week high of $18.67. The firm’s 50-day simple moving average is $17.67 and its 200 day simple moving average is $17.82.

SRH Total Return Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 24th will be given a $0.20 dividend. The ex-dividend date is Friday, July 24th. This represents a $0.80 annualized dividend and a dividend yield of 4.5%.

SRH Total Return Fund Company 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.