D.A. Davidson & CO. Has $1.29 Million Stock Holdings in SRH Total Return Fund, Inc. (NYSE:STEW)

D.A. Davidson & CO. trimmed its position in SRH Total Return Fund, Inc. (NYSE:STEW) by 2.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 80,484 shares of the company’s stock after selling 2,118 shares during the period. D.A. Davidson & CO.’s holdings in SRH Total Return Fund were worth $1,289,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pathstone Holdings LLC lifted its stake in shares of SRH Total Return Fund by 11.5% in the 3rd quarter. Pathstone Holdings LLC now owns 1,197,409 shares of the company’s stock valued at $18,934,000 after purchasing an additional 123,445 shares during the period. JP Wealth Management Inc. acquired a new stake in shares of SRH Total Return Fund during the fourth quarter worth $14,841,000. Dakota Wealth Management bought a new stake in SRH Total Return Fund in the fourth quarter valued at about $308,000. Consolidated Portfolio Review Corp acquired a new position in SRH Total Return Fund in the fourth quarter valued at about $2,277,000. Finally, Calamos Advisors LLC bought a new position in SRH Total Return Fund during the fourth quarter worth about $272,000. 15.61% of the stock is currently owned by institutional investors and hedge funds.

SRH Total Return Fund Stock Performance

SRH Total Return Fund stock opened at $16.67 on Monday. The business has a 50-day moving average of $16.35 and a 200-day moving average of $16.03. SRH Total Return Fund, Inc. has a 1 year low of $14.19 and a 1 year high of $17.00.

SRH Total Return Fund Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be paid a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 3.96%. The ex-dividend date of this dividend is Wednesday, April 23rd.

SRH Total Return Fund 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.