Allspring Global Investments Holdings LLC Increases Stock Position in SRH Total Return Fund, Inc. $STEW

Key Points

• Allspring Global Investments Holdings LLC increased its stake in SRH Total Return Fund, Inc. by 13.2%, now owning approximately 0.64% of the company, valued at about $10.8 million.
• SRH Total Return Fund recently declared a quarterly dividend of $0.165, which translates to an annualized dividend of $0.66 and a yield of 3.7% for stockholders of record on October 24th.
• The stock is currently trading at $17.80, with a 1-year high of $18.67 and a low of $15.00.

Allspring Global Investments Holdings LLC raised its position in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 13.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 612,949 shares of the company's stock after buying an additional 71,501 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.64% of SRH Total Return Fund worth $10,837,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. JP Wealth Management Inc. lifted its position in SRH Total Return Fund by 32.8% during the second quarter. JP Wealth Management Inc. now owns 1,286,433 shares of the company's stock valued at $22,744,000 after buying an additional 317,988 shares during the period. SRH Advisors LLC raised its position in shares of SRH Total Return Fund by 0.5% in the 2nd quarter. SRH Advisors LLC now owns 187,837 shares of the company's stock worth $3,321,000 after purchasing an additional 842 shares during the last quarter. Consolidated Portfolio Review Corp raised its position in shares of SRH Total Return Fund by 1.5% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 204,998 shares of the company's stock worth $3,624,000 after purchasing an additional 3,025 shares during the last quarter. Park Avenue Securities LLC raised its position in shares of SRH Total Return Fund by 15.6% in the 2nd quarter. Park Avenue Securities LLC now owns 95,541 shares of the company's stock worth $1,689,000 after purchasing an additional 12,866 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in shares of SRH Total Return Fund by 142.9% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,700 shares of the company's stock worth $30,000 after purchasing an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 15.61% of the company's stock.

SRH Total Return Fund Stock Down 0.0%

STEW opened at $17.80 on Friday. The stock has a 50-day moving average price of $18.15 and a 200-day moving average price of $17.59. SRH Total Return Fund, Inc. has a 1 year low of $15.00 and a 1 year high of $18.67.

SRH Total Return Fund Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, October 24th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, October 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.

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