Beverly Hills Private Wealth LLC acquired a new position in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,642 shares of the company's stock, valued at approximately $391,000.
Other institutional investors have also added to or reduced their stakes in the company. JP Wealth Management Inc. raised its stake in SRH Total Return Fund by 4.5% during the 1st quarter. JP Wealth Management Inc. now owns 968,445 shares of the company's stock worth $16,706,000 after buying an additional 42,040 shares during the period. Shaker Financial Services LLC grew its position in SRH Total Return Fund by 10.9% during the fourth quarter. Shaker Financial Services LLC now owns 726,726 shares of the company's stock worth $11,642,000 after buying an additional 71,517 shares in the last quarter. CSS LLC IL boosted its position in shares of SRH Total Return Fund by 0.7% during the 4th quarter. CSS LLC IL now owns 666,055 shares of the company's stock worth $10,670,000 after acquiring an additional 4,842 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of SRH Total Return Fund by 1.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 541,448 shares of the company's stock valued at $9,340,000 after purchasing an additional 7,136 shares in the last quarter. Finally, AQR Arbitrage LLC boosted its stake in shares of SRH Total Return Fund by 4.5% during the fourth quarter. AQR Arbitrage LLC now owns 452,370 shares of the company's stock valued at $7,238,000 after purchasing an additional 19,531 shares in the last quarter. 15.61% of the stock is owned by institutional investors and hedge funds.
SRH Total Return Fund Stock Up 0.4%
Shares of NYSE:STEW traded up $0.08 during midday trading on Wednesday, reaching $17.64. The company's stock had a trading volume of 29,680 shares, compared to its average volume of 128,486. SRH Total Return Fund, Inc. has a fifty-two week low of $14.32 and a fifty-two week high of $17.89. The firm has a 50 day moving average price of $17.47 and a two-hundred day moving average price of $16.84.
SRH Total Return Fund Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 24th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date of this dividend is Thursday, July 24th.
About SRH Total Return Fund
(
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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