Creekmur Asset Management LLC Reduces Position in SRH Total Return Fund, Inc. (NYSE:STEW)

Creekmur Asset Management LLC decreased its holdings in SRH Total Return Fund, Inc. (NYSE:STEW) by 45.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 22,145 shares of the company’s stock after selling 18,691 shares during the period. Creekmur Asset Management LLC’s holdings in SRH Total Return Fund were worth $333,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of STEW. Nemes Rush Group LLC bought a new stake in shares of SRH Total Return Fund during the 4th quarter valued at $50,000. Baystate Wealth Management LLC purchased a new stake in shares of SRH Total Return Fund in the fourth quarter worth about $97,000. Principal Securities Inc. bought a new position in shares of SRH Total Return Fund in the fourth quarter valued at approximately $133,000. Connecticut Wealth Management LLC purchased a new position in SRH Total Return Fund during the fourth quarter valued at approximately $140,000. Finally, Nomura Holdings Inc. bought a new stake in SRH Total Return Fund during the 4th quarter worth approximately $198,000. Hedge funds and other institutional investors own 15.61% of the company’s stock.

Insider Buying and Selling

In other SRH Total Return Fund news, Director Thomas Jack Moore acquired 1,426 shares of the business’s stock in a transaction dated Tuesday, May 7th. The stock was bought at an average price of $20,491.62 per share, with a total value of $29,221,050.12. Following the completion of the acquisition, the director now owns 2,960 shares of the company’s stock, valued at $60,655,195.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.14% of the stock is owned by company insiders.

SRH Total Return Fund Stock Performance

NYSE STEW traded up $0.08 on Wednesday, hitting $15.42. The stock had a trading volume of 121,560 shares, compared to its average volume of 75,619. The firm has a 50-day moving average of $14.70 and a 200-day moving average of $14.55. SRH Total Return Fund, Inc. has a 52-week low of $12.07 and a 52-week high of $15.50.

SRH Total Return Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 24th will be paid a dividend of $0.1375 per share. This represents a $0.55 annualized dividend and a yield of 3.57%. The ex-dividend date is Wednesday, July 24th.

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.