SRH Total Return Fund, Inc. (NYSE:STEW) Position Increased by AQR Arbitrage LLC

AQR Arbitrage LLC boosted its holdings in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 4.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new position in shares of SRH Total Return Fund in the 4th quarter valued at about $3,665,000. PNC Financial Services Group Inc. grew its stake 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 buying an additional 7,065 shares during the period. JP Wealth Management Inc. purchased a new position in shares of SRH Total Return Fund in the 4th quarter valued at $14,841,000. Private Advisor Group LLC lifted its holdings in shares of SRH Total Return Fund by 15.5% during the 4th quarter. Private Advisor Group LLC now owns 20,957 shares of the company's stock valued at $336,000 after acquiring an additional 2,805 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC raised its position in SRH Total Return Fund by 13.9% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 257,068 shares of the company's stock valued at $4,118,000 after purchasing an additional 31,316 shares during the period. 15.61% of the stock is currently owned by hedge funds and other institutional investors.

SRH Total Return Fund Price Performance

Shares of NYSE STEW traded up $0.23 on Friday, hitting $17.53. The company had a trading volume of 226,956 shares, compared to its average volume of 97,973. SRH Total Return Fund, Inc. has a 12-month low of $14.20 and a 12-month high of $17.59. The business has a 50 day moving average of $16.65 and a two-hundred day moving average of $16.42.

SRH Total Return Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd were paid a dividend of $0.165 per share. The ex-dividend date of this dividend was Wednesday, April 23rd. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.76%.

SRH Total Return Fund 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.