Creekmur Asset Management LLC Sells 4,178 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Creekmur Asset Management LLC reduced its position in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 37.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 7,061 shares of the company’s stock after selling 4,178 shares during the period. Creekmur Asset Management LLC’s holdings in SRH Total Return Fund were worth $112,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Heritage Wealth Management Inc. bought a new position in shares of SRH Total Return Fund in the second quarter worth about $462,000. Sanctuary Advisors LLC bought a new position in shares of SRH Total Return Fund in the second quarter worth about $2,369,000. Quarry LP bought a new position in shares of SRH Total Return Fund in the second quarter worth about $153,000. NewEdge Advisors LLC raised its stake in shares of SRH Total Return Fund by 2.7% in the second quarter. NewEdge Advisors LLC now owns 67,873 shares of the company’s stock worth $988,000 after acquiring an additional 1,795 shares during the last quarter. Finally, Choreo LLC bought a new position in shares of SRH Total Return Fund in the second quarter worth about $185,000. 15.61% of the stock is owned by institutional investors.

SRH Total Return Fund Stock Down 0.7 %

Shares of NYSE STEW opened at $15.63 on Wednesday. SRH Total Return Fund, Inc. has a 1-year low of $12.11 and a 1-year high of $16.08. The company has a 50-day moving average of $15.69 and a two-hundred day moving average of $15.02.

SRH Total Return Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 24th will be paid a dividend of $0.1375 per share. This represents a $0.55 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date is Thursday, October 24th.

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.