SRH Total Return Fund (NYSE:STEW) Sees Large Volume Increase - Time to Buy?

SRH Total Return Fund, Inc. (NYSE:STEW - Get Free Report) saw unusually-high trading volume on Monday . Approximately 83,685 shares traded hands during mid-day trading, a decline of 15% from the previous session's volume of 97,956 shares.The stock last traded at $17.06 and had previously closed at $17.52.

SRH Total Return Fund Trading Up 0.3 %

The stock has a fifty day moving average of $16.70 and a two-hundred day moving average of $16.46.

SRH Total Return Fund Announces Dividend

The firm also recently declared 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. This represents a $0.66 annualized dividend and a dividend yield of 3.81%. The ex-dividend date is Thursday, July 24th.

Institutional Investors Weigh In On SRH Total Return Fund

A number of institutional investors have recently made changes to their positions in the business. SRH Advisors LLC raised its position in SRH Total Return Fund by 0.4% in the 4th quarter. SRH Advisors LLC now owns 192,242 shares of the company's stock worth $3,080,000 after purchasing an additional 796 shares during the period. Level Four Advisory Services LLC increased its holdings in shares of SRH Total Return Fund by 4.8% in the fourth quarter. Level Four Advisory Services LLC now owns 18,496 shares of the company's stock worth $296,000 after buying an additional 854 shares during the period. Cetera Investment Advisers lifted its stake in shares of SRH Total Return Fund by 3.4% in the 1st quarter. Cetera Investment Advisers now owns 31,758 shares of the company's stock valued at $548,000 after acquiring an additional 1,038 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in SRH Total Return Fund by 1.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 88,524 shares of the company's stock valued at $1,527,000 after acquiring an additional 1,198 shares during the period. Finally, MML Investors Services LLC grew its position in SRH Total Return Fund by 1.7% during the 4th quarter. MML Investors Services LLC now owns 73,787 shares of the company's stock worth $1,182,000 after acquiring an additional 1,212 shares during the last quarter. Hedge funds and other institutional investors 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.