Principal Securities Inc. Grows Stock Holdings in SRH Total Return Fund, Inc. (NYSE:STEW)

Principal Securities Inc. raised its stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 14.9% in the 4th quarter, Holdings Channel reports. The fund owned 101,188 shares of the company’s stock after acquiring an additional 13,124 shares during the quarter. Principal Securities Inc.’s holdings in SRH Total Return Fund were worth $1,621,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. SRH Advisors LLC increased its holdings in shares of SRH Total Return Fund by 0.4% in the fourth quarter. SRH Advisors LLC now owns 192,242 shares of the company’s stock valued at $3,080,000 after purchasing an additional 796 shares during the period. Rocky Mountain Advisers LLC grew its position in SRH Total Return Fund by 0.4% in the 3rd quarter. Rocky Mountain Advisers LLC now owns 191,446 shares of the company’s stock valued at $3,025,000 after buying an additional 802 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in SRH Total Return Fund by 1.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 72,771 shares of the company’s stock valued at $1,150,000 after buying an additional 804 shares during the period. Park Avenue Securities LLC raised its position in SRH Total Return Fund by 2.9% during the 4th quarter. Park Avenue Securities LLC now owns 82,691 shares of the company’s stock worth $1,325,000 after buying an additional 2,297 shares during the last quarter. Finally, Wolverine Asset Management LLC lifted its stake in shares of SRH Total Return Fund by 1.3% in the 3rd quarter. Wolverine Asset Management LLC now owns 312,888 shares of the company’s stock worth $4,944,000 after acquiring an additional 4,008 shares during the period. 15.61% of the stock is owned by institutional investors and hedge funds.

SRH Total Return Fund Stock Up 0.4 %

Shares of NYSE:STEW opened at $16.95 on Wednesday. SRH Total Return Fund, Inc. has a fifty-two week low of $14.19 and a fifty-two week high of $17.00. The firm’s 50-day simple moving average is $16.32 and its 200-day simple moving average is $15.97.

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.