AQR Arbitrage LLC lifted its stake in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 452,370 shares of the company's stock after acquiring an additional 19,531 shares during the period. AQR Arbitrage LLC owned 0.47% of SRH Total Return Fund worth $7,238,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in STEW. Buffington Mohr McNeal acquired a new stake in SRH Total Return Fund during the 4th quarter worth approximately $171,000. Steward Partners Investment Advisory LLC grew its holdings in SRH Total Return Fund by 207.9% during 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 during the period. Absolute Investment Advisers LLC acquired a new stake in shares of SRH Total Return Fund in the fourth quarter valued at about $197,000. Synovus Financial Corp acquired a new position in SRH Total Return Fund during the third quarter worth about $202,000. Finally, PNC Financial Services Group Inc. raised its position in SRH Total Return Fund by 110.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 13,475 shares of the company's stock worth $216,000 after acquiring an additional 7,065 shares during the last quarter. 15.61% of the stock is currently owned by institutional investors.
SRH Total Return Fund Stock Performance
Shares of NYSE STEW traded down $0.09 during midday trading on Tuesday, hitting $17.10. The stock had a trading volume of 87,362 shares, compared to its average volume of 133,385. The company has a fifty day moving average price of $16.66 and a 200 day moving average price of $16.43. 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 Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 3.86%. The ex-dividend date was Wednesday, April 23rd.
SRH Total Return Fund Profile
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Free Report)
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.
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