Kingdom Financial Group LLC. Invests $2.87 Million in SRH Total Return Fund, Inc. $STEW

Kingdom Financial Group LLC. purchased a new position in shares of SRH Total Return Fund, Inc. (NYSE:STEW) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 154,509 shares of the company’s stock, valued at approximately $2,865,000. SRH Total Return Fund accounts for 0.9% of Kingdom Financial Group LLC.’s portfolio, making the stock its 15th biggest holding. Kingdom Financial Group LLC. owned 0.16% of SRH Total Return Fund at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of SRH Total Return Fund by 1,000.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,200 shares of the company’s stock worth $41,000 after acquiring an additional 2,000 shares during the period. Global Retirement Partners LLC grew its position in SRH Total Return Fund by 38.3% during the fourth quarter. Global Retirement Partners LLC now owns 8,005 shares of the company’s stock worth $148,000 after buying an additional 2,218 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in SRH Total Return Fund by 22.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,639 shares of the company’s stock worth $170,000 after buying an additional 1,775 shares during the period. Jane Street Group LLC acquired a new position in SRH Total Return Fund during the second quarter worth about $191,000. Finally, Moloney Securities Asset Management LLC acquired a new position in SRH Total Return Fund during the third quarter worth about $235,000. 15.61% of the stock is currently owned by institutional investors and hedge funds.

SRH Total Return Fund Stock Performance

Shares of STEW opened at $17.58 on Friday. The firm’s 50-day moving average is $17.48 and its two-hundred day moving average is $17.85. SRH Total Return Fund, Inc. has a twelve month low of $16.55 and a twelve month high of $18.67.

SRH Total Return Fund Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 24th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.6%. The ex-dividend date is Friday, July 24th.

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.