B. Riley Wealth Advisors Inc. Lowers Stock Holdings in SRH Total Return Fund, Inc. (NYSE:STEW)

B. Riley Wealth Advisors Inc. lowered its stake in SRH Total Return Fund, Inc. (NYSE:STEW) by 4.9% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 377,931 shares of the company’s stock after selling 19,339 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in SRH Total Return Fund were worth $5,933,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in STEW. Quarry LP bought a new stake in SRH Total Return Fund in the second quarter worth $153,000. Choreo LLC purchased a new position in shares of SRH Total Return Fund in the 2nd quarter worth about $185,000. Hudson Value Partners LLC bought a new position in SRH Total Return Fund in the 3rd quarter worth about $193,000. Synovus Financial Corp purchased a new stake in SRH Total Return Fund during the 3rd quarter valued at about $202,000. Finally, Sather Financial Group Inc bought a new stake in SRH Total Return Fund during the 3rd quarter valued at about $303,000. Institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Trading Down 0.4 %

Shares of NYSE STEW opened at $16.38 on Friday. The firm’s 50 day moving average price is $16.13 and its 200-day moving average price is $15.45. SRH Total Return Fund, Inc. has a 52-week low of $13.64 and a 52-week high of $16.83.

SRH Total Return Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 24th will be given a $0.165 dividend. The ex-dividend date is Friday, January 24th. This is a boost from SRH Total Return Fund’s previous quarterly dividend of $0.14. This represents a $0.66 annualized dividend and a yield of 4.03%.

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.