SRH Total Return Fund, Inc. (NYSE:STEW) Shares Purchased by Quantedge Capital Pte Ltd

Quantedge Capital Pte Ltd lifted its holdings in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 10.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 193,203 shares of the company's stock after buying an additional 18,800 shares during the period. SRH Total Return Fund comprises 1.1% of Quantedge Capital Pte Ltd's holdings, making the stock its 28th largest holding. Quantedge Capital Pte Ltd owned approximately 0.20% of SRH Total Return Fund worth $3,095,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in STEW. Park Avenue Securities LLC boosted its holdings in SRH Total Return Fund by 2.9% during the 4th quarter. Park Avenue Securities LLC now owns 82,691 shares of the company's stock valued at $1,325,000 after acquiring an additional 2,297 shares during the period. Dakota Wealth Management bought a new stake in shares of SRH Total Return Fund during the fourth quarter valued at approximately $308,000. Kingswood Wealth Advisors LLC boosted its holdings in shares of SRH Total Return Fund by 13.8% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 56,425 shares of the company's stock valued at $904,000 after purchasing an additional 6,850 shares during the period. Buffington Mohr McNeal bought a new position in SRH Total Return Fund in the fourth quarter worth approximately $171,000. Finally, Absolute Investment Advisers LLC bought a new stake in SRH Total Return Fund during the 4th quarter valued at $197,000. 15.61% of the stock is currently owned by hedge funds and other institutional investors.

SRH Total Return Fund Price Performance

Shares of STEW traded down $0.02 during midday trading on Monday, reaching $17.84. 72,012 shares of the stock were exchanged, compared to its average volume of 102,054. SRH Total Return Fund, Inc. has a 52 week low of $14.20 and a 52 week high of $17.89. The company's 50 day moving average is $16.84 and its two-hundred day moving average is $16.54.

SRH Total Return Fund Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders 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 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.