SRH Total Return Fund, Inc. (NYSE:STEW) Shares Sold by Wolverine Asset Management LLC

Wolverine Asset Management LLC lowered its stake in SRH Total Return Fund, Inc. (NYSE:STEW) by 6.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 222,011 shares of the company’s stock after selling 16,255 shares during the quarter. Wolverine Asset Management LLC’s holdings in SRH Total Return Fund were worth $3,079,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of STEW. CWM LLC lifted its holdings in SRH Total Return Fund by 1,990.7% in the 3rd quarter. CWM LLC now owns 5,415 shares of the company’s stock valued at $70,000 after acquiring an additional 5,156 shares during the last quarter. Baystate Wealth Management LLC acquired a new stake in SRH Total Return Fund in the 4th quarter valued at about $97,000. NBC Securities Inc. acquired a new stake in SRH Total Return Fund during the 3rd quarter worth about $120,000. Alta Capital Management LLC acquired a new stake in SRH Total Return Fund during the 4th quarter worth about $433,000. Finally, Sugarloaf Wealth Management LLC raised its holdings in SRH Total Return Fund by 5.2% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 47,279 shares of the company’s stock worth $656,000 after buying an additional 2,334 shares during the period. 15.61% of the stock is owned by institutional investors and hedge funds.

SRH Total Return Fund Price Performance

NYSE STEW traded down $0.05 on Wednesday, hitting $14.40. 61,765 shares of the company were exchanged, compared to its average volume of 81,400. The company’s 50 day moving average price is $14.67 and its 200-day moving average price is $13.90. SRH Total Return Fund, Inc. has a twelve month low of $12.07 and a twelve month high of $15.09.

SRH Total Return Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be issued a dividend of $0.1375 per share. The ex-dividend date is Monday, April 22nd. This represents a $0.55 annualized dividend and a yield of 3.82%.

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.