SRH Total Return Fund (NYSE:STEW) Hits New 52-Week High - Here's Why

SRH Total Return Fund, Inc. (NYSE:STEW - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $17.23 and last traded at $17.17, with a volume of 182807 shares changing hands. The stock had previously closed at $17.13.

SRH Total Return Fund Trading Up 0.2 %

The stock has a fifty day simple moving average of $16.63 and a two-hundred day simple moving average of $16.39.

SRH Total Return Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd were issued a $0.165 dividend. The ex-dividend date of this dividend was Wednesday, April 23rd. This represents a $0.66 dividend on an annualized basis and a yield of 3.84%.

Institutional Trading of SRH Total Return Fund

Large investors have recently modified their holdings of the stock. Synovus Financial Corp acquired a new position in shares of SRH Total Return Fund during the 3rd quarter valued at $202,000. Park Avenue Securities LLC raised its holdings in shares of SRH Total Return Fund by 2.9% during the fourth quarter. Park Avenue Securities LLC now owns 82,691 shares of the company's stock valued at $1,325,000 after purchasing an additional 2,297 shares during the period. Dakota Wealth Management bought a new position in shares of SRH Total Return Fund during the 4th quarter worth about $308,000. Kingswood Wealth Advisors LLC grew its stake in shares of SRH Total Return Fund by 13.8% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 56,425 shares of the company's stock valued at $904,000 after buying an additional 6,850 shares during the period. Finally, Buffington Mohr McNeal bought a new stake in SRH Total Return Fund in the 4th quarter valued at about $171,000. Institutional investors and hedge funds own 15.61% of the company's stock.

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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