SRH Total Return Fund, Inc. (NYSE:STEW - Get Free Report) shares hit a new 52-week high during trading on Monday after the company announced a dividend. The company traded as high as $17.65 and last traded at $17.60, with a volume of 248 shares changing hands. The stock had previously closed at $17.34.The newly announced 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 dividend on an annualized basis and a dividend yield of 3.76%.
SRH Total Return Fund Trading Up 1.3%
The business has a fifty day simple moving average of $16.70 and a 200 day simple moving average of $16.46.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. Costello Asset Management INC acquired a new position in shares of SRH Total Return Fund in the first quarter worth $154,000. NBC Securities Inc. lifted its stake in SRH Total Return Fund by 105,800.0% during the first quarter. NBC Securities Inc. now owns 9,531 shares of the company's stock valued at $164,000 after purchasing an additional 9,522 shares during the last quarter. Buffington Mohr McNeal purchased a new position in SRH Total Return Fund during the fourth quarter valued at approximately $171,000. Steward Partners Investment Advisory LLC boosted its holdings in SRH Total Return Fund by 207.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,392 shares of the company's stock worth $182,000 after purchasing an additional 7,692 shares in the last quarter. Finally, Absolute Investment Advisers LLC bought a new stake in shares of SRH Total Return Fund in the fourth quarter valued at approximately $197,000. 15.61% of the stock is currently owned by institutional investors and hedge funds.
SRH Total Return Fund Company Profile
(
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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.
Further Reading
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