Shares of SRH Total Return Fund, Inc. (NYSE:STEW - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $16.84 and last traded at $16.81, with a volume of 17631 shares. The stock had previously closed at $16.61.
SRH Total Return Fund Price Performance
The firm has a fifty day simple moving average of $16.31 and a 200 day simple moving average of $15.90.
SRH Total Return Fund Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 24th were issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 3.96%. This is an increase from SRH Total Return Fund's previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, January 24th.
Institutional Investors Weigh In On SRH Total Return Fund
Institutional investors have recently bought and sold shares of the company. JP Wealth Management Inc. acquired a new stake in shares of SRH Total Return Fund in the fourth quarter valued at about $14,841,000. Raymond James Financial Inc. purchased a new stake in SRH Total Return Fund during the 4th quarter valued at about $3,665,000. Consolidated Portfolio Review Corp acquired a new stake in SRH Total Return Fund in the 4th quarter valued at about $2,277,000. Pathstone Holdings LLC lifted its stake in SRH Total Return Fund by 11.5% in the 3rd quarter. Pathstone Holdings LLC now owns 1,197,409 shares of the company's stock worth $18,934,000 after purchasing an additional 123,445 shares in the last quarter. Finally, Independent Advisor Alliance acquired a new position in shares of SRH Total Return Fund during the 4th quarter worth approximately $1,463,000. 15.61% of the stock is currently owned by institutional investors and hedge funds.
About SRH Total Return Fund
(
Get Free Report)
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
Before you consider SRH Total Return Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SRH Total Return Fund wasn't on the list.
While SRH Total Return Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
