Buffington Mohr McNeal Invests $171,000 in SRH Total Return Fund, Inc. (NYSE:STEW)

Buffington Mohr McNeal purchased a new stake in SRH Total Return Fund, Inc. (NYSE:STEW) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,703 shares of the company’s stock, valued at approximately $171,000.

Other large investors have also recently bought and sold shares of the company. Quarry LP acquired a new position in shares of SRH Total Return Fund in the second quarter valued at approximately $153,000. Hudson Value Partners LLC acquired a new position in SRH Total Return Fund in the 3rd quarter valued at $193,000. Synovus Financial Corp bought a new position in SRH Total Return Fund during the 3rd quarter worth $202,000. Sather Financial Group Inc acquired a new stake in shares of SRH Total Return Fund during the third quarter worth $303,000. Finally, Dakota Wealth Management acquired a new position in shares of SRH Total Return Fund in the fourth quarter valued at about $308,000. 15.61% of the stock is owned by institutional investors.

SRH Total Return Fund Trading Up 0.3 %

Shares of SRH Total Return Fund stock opened at $16.57 on Tuesday. SRH Total Return Fund, Inc. has a twelve month low of $14.01 and a twelve month high of $16.83. The company has a 50-day simple moving average of $16.27 and a two-hundred day simple moving average of $15.80.

SRH Total Return Fund Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 24th will be issued a dividend of $0.165 per share. This is a positive change from SRH Total Return Fund’s previous quarterly dividend of $0.14. This represents a $0.66 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend is Friday, January 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.