Readystate Asset Management LP Buys 37,379 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Readystate Asset Management LP boosted its stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 133.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,399 shares of the company's stock after buying an additional 37,379 shares during the quarter. Readystate Asset Management LP owned approximately 0.07% of SRH Total Return Fund worth $1,128,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in STEW. Raymond James Financial Inc. bought a new position in SRH Total Return Fund during the fourth quarter valued at about $3,665,000. Capstone Investment Advisors LLC bought a new stake in SRH Total Return Fund in the 4th quarter valued at about $1,757,000. Almitas Capital LLC raised its stake in SRH Total Return Fund by 36.8% in the 4th quarter. Almitas Capital LLC now owns 301,991 shares of the company's stock valued at $4,838,000 after acquiring an additional 81,229 shares during the period. Shaker Financial Services LLC raised its stake in SRH Total Return Fund by 10.9% in the 4th quarter. Shaker Financial Services LLC now owns 726,726 shares of the company's stock valued at $11,642,000 after acquiring an additional 71,517 shares during the period. Finally, Consolidated Portfolio Review Corp raised its stake in SRH Total Return Fund by 42.1% in the 1st quarter. Consolidated Portfolio Review Corp now owns 201,973 shares of the company's stock valued at $3,484,000 after acquiring an additional 59,857 shares during the period. Institutional investors own 15.61% of the company's stock.

SRH Total Return Fund Trading Up 0.6%

SRH Total Return Fund stock traded up $0.10 during midday trading on Friday, reaching $17.86. The stock had a trading volume of 38,675 shares, compared to its average volume of 87,838. SRH Total Return Fund, Inc. has a 12 month low of $14.32 and a 12 month high of $17.95. The firm's 50-day moving average price is $17.53 and its 200 day moving average price is $16.99.

SRH Total Return Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 24th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date of this dividend is Thursday, July 24th.

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.