Rocky Mountain Advisers LLC Grows Stock Position in SRH Total Return Fund, Inc. (NYSE:STEW)

Rocky Mountain Advisers LLC grew its holdings in SRH Total Return Fund, Inc. (NYSE:STEW) by 0.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 191,446 shares of the company’s stock after buying an additional 802 shares during the quarter. SRH Total Return Fund comprises approximately 0.9% of Rocky Mountain Advisers LLC’s portfolio, making the stock its 10th largest holding. Rocky Mountain Advisers LLC’s holdings in SRH Total Return Fund were worth $3,025,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James & Associates raised its holdings in SRH Total Return Fund by 4.1% during the 2nd quarter. Raymond James & Associates now owns 343,602 shares of the company’s stock worth $4,999,000 after buying an additional 13,439 shares during the period. Heritage Wealth Management Inc. bought a new stake in SRH Total Return Fund in the 2nd quarter valued at approximately $462,000. Sanctuary Advisors LLC acquired a new position in SRH Total Return Fund during the 2nd quarter worth approximately $2,369,000. Shaker Financial Services LLC lifted 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 worth $10,352,000 after purchasing an additional 19,227 shares in the last quarter. Finally, Karpus Management Inc. boosted its holdings in SRH Total Return Fund by 86.7% during the first quarter. Karpus Management Inc. now owns 76,555 shares of the company’s stock worth $1,153,000 after purchasing an additional 35,552 shares during the last quarter. Institutional investors and hedge funds own 15.61% of the company’s stock.

SRH Total Return Fund Stock Performance

Shares of NYSE STEW opened at $16.22 on Friday. The business has a 50-day moving average of $15.72 and a 200-day moving average of $15.10. SRH Total Return Fund, Inc. has a fifty-two week low of $12.81 and a fifty-two week high of $16.27.

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.