Quantedge Capital Pte Ltd Raises Position in SRH Total Return Fund, Inc. (NYSE:STEW)

Quantedge Capital Pte Ltd increased its holdings in SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 193,203 shares of the company's stock after purchasing an additional 18,800 shares during the period. SRH Total Return Fund accounts for 1.1% of Quantedge Capital Pte Ltd's investment portfolio, making the stock its 28th biggest position. Quantedge Capital Pte Ltd owned about 0.20% of SRH Total Return Fund worth $3,095,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Millennium Management LLC acquired a new position in shares of SRH Total Return Fund during the 4th quarter valued at about $337,000. Capstone Investment Advisors LLC purchased a new stake in SRH Total Return Fund in the fourth quarter valued at approximately $1,757,000. Bank of America Corp DE increased its position in SRH Total Return Fund by 6.3% during the fourth quarter. Bank of America Corp DE now owns 161,699 shares of the company's stock worth $2,590,000 after purchasing an additional 9,607 shares during the last quarter. Almitas Capital LLC raised its stake in SRH Total Return Fund by 36.8% during the fourth quarter. Almitas Capital LLC now owns 301,991 shares of the company's stock worth $4,838,000 after purchasing an additional 81,229 shares during the period. Finally, AQR Arbitrage LLC boosted its holdings in shares of SRH Total Return Fund by 4.5% in the 4th 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 during the last quarter. 15.61% of the stock is currently owned by institutional investors and hedge funds.

SRH Total Return Fund Stock Performance

STEW stock opened at $17.74 on Wednesday. SRH Total Return Fund, Inc. has a 52 week low of $14.20 and a 52 week high of $17.76. The business has a fifty day simple moving average of $16.72 and a 200-day simple moving average of $16.48.

SRH Total Return Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 24th will be paid a dividend of $0.165 per share. The ex-dividend date is Thursday, July 24th. This represents a $0.66 annualized dividend and a yield of 3.72%.

SRH Total Return Fund Company 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.

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