Matisse Capital Increases Holdings in SRH Total Return Fund, Inc. (NYSE:STEW)

Matisse Capital increased its stake in SRH Total Return Fund, Inc. (NYSE:STEW) by 5.9% during the second quarter, according to its most recent filing with the SEC. The fund owned 180,000 shares of the company’s stock after buying an additional 10,000 shares during the quarter. SRH Total Return Fund accounts for approximately 1.3% of Matisse Capital’s portfolio, making the stock its 17th largest holding. Matisse Capital owned 0.19% of SRH Total Return Fund worth $2,619,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Nemes Rush Group LLC bought a new position in shares of SRH Total Return Fund during the 4th quarter worth $50,000. Principal Securities Inc. bought a new position in SRH Total Return Fund during the fourth quarter worth about $133,000. Connecticut Wealth Management LLC purchased a new position in shares of SRH Total Return Fund in the fourth quarter worth about $140,000. Integrated Capital Management Inc. raised its position in shares of SRH Total Return Fund by 13.9% in the second quarter. Integrated Capital Management Inc. now owns 13,881 shares of the company’s stock valued at $202,000 after purchasing an additional 1,690 shares during the period. Finally, Nomura Holdings Inc. bought a new stake in shares of SRH Total Return Fund in the fourth quarter valued at approximately $198,000. Institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Price Performance

Shares of NYSE STEW traded up $0.19 during mid-day trading on Friday, hitting $15.87. The company had a trading volume of 133,488 shares, compared to its average volume of 76,135. SRH Total Return Fund, Inc. has a 1 year low of $12.07 and a 1 year high of $15.87. The stock’s 50-day moving average price is $15.03 and its 200-day moving average price is $14.73.

SRH Total Return Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, October 24th will be given a dividend of $0.1375 per share. The ex-dividend date is Thursday, October 24th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 3.47%.

SRH Total Return Fund Company 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.