Winning Points Advisors LLC Buys New Shares in SRH Total Return Fund, Inc. $STEW

Winning Points Advisors LLC purchased a new position in SRH Total Return Fund, Inc. (NYSE:STEW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 184,162 shares of the company’s stock, valued at approximately $3,414,000. SRH Total Return Fund comprises about 3.2% of Winning Points Advisors LLC’s portfolio, making the stock its 5th largest position. Winning Points Advisors LLC owned 0.19% of SRH Total Return Fund at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Monetary Management Group Inc. boosted its stake in shares of SRH Total Return Fund by 6.5% during the 4th quarter. Monetary Management Group Inc. now owns 29,700 shares of the company’s stock valued at $551,000 after purchasing an additional 1,800 shares in the last quarter. LPL Financial LLC lifted its position in SRH Total Return Fund by 44.0% during the 4th quarter. LPL Financial LLC now owns 393,713 shares of the company’s stock valued at $7,299,000 after acquiring an additional 120,366 shares during the period. Closed End Fund Advisors Inc. purchased a new position in SRH Total Return Fund during the 4th quarter valued at about $395,000. Northwestern Mutual Wealth Management Co. raised its holdings in SRH Total Return Fund by 34.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 12,918 shares of the company’s stock worth $240,000 after buying an additional 3,279 shares during the last quarter. Finally, Flputnam Investment Management Co. purchased a new position in SRH Total Return Fund in the fourth quarter worth about $698,000. Institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Stock Up 1.1%

Shares of SRH Total Return Fund stock opened at $17.75 on Friday. The company has a 50-day simple moving average of $17.63 and a two-hundred day simple moving average of $17.83. SRH Total Return Fund, Inc. has a 52-week low of $16.55 and a 52-week high of $18.67.

SRH Total Return Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 24th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, July 24th.

Insider Buying and Selling at SRH Total Return Fund

In related news, Director Jacob E. Hemmer acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was purchased at an average cost of $17.53 per share, with a total value of $87,650.00. Following the completion of the acquisition, the director directly owned 10,000 shares of the company’s stock, valued at approximately $175,300. This trade represents a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.09% of the stock is owned by insiders.

About SRH Total Return Fund

SRH Total Return Fund (NYSE: STEW) is a diversified closed-end management investment company seeking high total return through a combination of income and capital appreciation. The fund pursues its objective by investing primarily in income-producing securities such as corporate bonds, convertible securities, preferred stocks and dividend-paying common stocks.

Portfolio managers employ active credit analysis and duration management to navigate changing market conditions and capture yield opportunities across both investment-grade and high-yield segments.