Nations Financial Group Inc. IA ADV Has $190,000 Holdings in SRH Total Return Fund, Inc. (NYSE:STEW)

Nations Financial Group Inc. IA ADV lessened its holdings in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 17.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,000 shares of the company’s stock after selling 2,500 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in SRH Total Return Fund were worth $190,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of STEW. Shaker Financial Services LLC grew its position in shares of SRH Total Return Fund by 3.0% in 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 during the last quarter. Raymond James & Associates grew its position in shares of SRH Total Return Fund by 4.1% in the second quarter. Raymond James & Associates now owns 343,602 shares of the company’s stock valued at $4,999,000 after purchasing an additional 13,439 shares during the last quarter. Wolverine Asset Management LLC grew its position in shares of SRH Total Return Fund by 1.3% in 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 during the last quarter. Rocky Mountain Advisers LLC grew its position in shares of SRH Total Return Fund by 0.4% in 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 during the last quarter. Finally, Matisse Capital grew its position in shares of SRH Total Return Fund by 5.9% in the second quarter. Matisse Capital now owns 180,000 shares of the company’s stock valued at $2,619,000 after purchasing an additional 10,000 shares during the last quarter. Institutional investors and hedge funds own 15.61% of the company’s stock.

SRH Total Return Fund Stock Down 0.5 %

SRH Total Return Fund stock opened at $16.22 on Friday. SRH Total Return Fund, Inc. has a 12 month low of $13.22 and a 12 month high of $16.46. The stock’s 50 day moving average is $15.77 and its 200-day moving average is $15.16.

SRH Total Return Fund Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 24th will be given a $0.165 dividend. This is an increase 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 annualized dividend and a dividend yield of 4.07%.

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.