Stratos Wealth Partners LTD. Cuts Position in SRH Total Return Fund, Inc. (NYSE:STEW)

Stratos Wealth Partners LTD. trimmed its position in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 18.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,994 shares of the company’s stock after selling 3,844 shares during the period. Stratos Wealth Partners LTD.’s holdings in SRH Total Return Fund were worth $236,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in STEW. CWM LLC boosted its holdings in SRH Total Return Fund by 1,990.7% in the third quarter. CWM LLC now owns 5,415 shares of the company’s stock valued at $70,000 after purchasing an additional 5,156 shares in the last quarter. Comerica Bank acquired a new position in SRH Total Return Fund in the third quarter valued at approximately $86,000. JPMorgan Chase & Co. acquired a new position in SRH Total Return Fund in the fourth quarter valued at approximately $94,000. Guggenheim Capital LLC acquired a new position in SRH Total Return Fund in the third quarter valued at approximately $115,000. Finally, NBC Securities Inc. acquired a new position in SRH Total Return Fund in the third quarter valued at approximately $120,000. 15.61% of the stock is currently owned by hedge funds and other institutional investors.

SRH Total Return Fund Stock Down 0.6 %

Shares of STEW opened at $14.23 on Wednesday. The stock has a 50 day moving average price of $14.67 and a 200 day moving average price of $13.84. SRH Total Return Fund, Inc. has a 52-week low of $12.07 and a 52-week high of $15.09.

SRH Total Return Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be issued a $0.1375 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date is Monday, April 22nd.

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.