Almitas Capital LLC Buys 81,229 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Almitas Capital LLC lifted its position in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 36.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 301,991 shares of the company's stock after purchasing an additional 81,229 shares during the period. SRH Total Return Fund accounts for approximately 1.1% of Almitas Capital LLC's portfolio, making the stock its 19th largest position. Almitas Capital LLC owned 0.31% of SRH Total Return Fund worth $4,838,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Buffington Mohr McNeal bought a new stake in SRH Total Return Fund in the fourth quarter valued at $171,000. Steward Partners Investment Advisory LLC boosted its holdings in SRH Total Return Fund by 207.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,392 shares of the company's stock worth $182,000 after acquiring an additional 7,692 shares in the last quarter. Absolute Investment Advisers LLC purchased a new stake in shares of SRH Total Return Fund in the fourth quarter worth $197,000. Synovus Financial Corp bought a new stake in shares of SRH Total Return Fund during the third quarter valued at approximately $202,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of SRH Total Return Fund by 110.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 13,475 shares of the company's stock valued at $216,000 after acquiring an additional 7,065 shares during the last quarter. 15.61% of the stock is owned by institutional investors.

SRH Total Return Fund Stock Down 1.8 %

Shares of STEW traded down $0.31 during mid-day trading on Monday, hitting $17.21. 247,743 shares of the company traded hands, compared to its average volume of 98,576. The stock has a 50-day moving average price of $16.65 and a two-hundred day moving average price of $16.42. SRH Total Return Fund, Inc. has a 1 year low of $14.20 and a 1 year high of $17.59.

SRH Total Return Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd were issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date was Wednesday, April 23rd.

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.