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SRH Total Return Fund (NYSE:STEW) Sees Strong Trading Volume - Still a Buy?

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SRH Total Return Fund, Inc. (NYSE:STEW - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 253,090 shares traded hands during mid-day trading, an increase of 195% from the previous session's volume of 85,905 shares.The stock last traded at $16.82 and had previously closed at $17.34.

SRH Total Return Fund Trading Up 0.9 %

The company has a fifty day simple moving average of $16.67 and a 200-day simple moving average of $16.29.

SRH Total Return Fund Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend is Wednesday, April 23rd.

Institutional Investors Weigh In On SRH Total Return Fund

Institutional investors have recently bought and sold shares of the business. Buffington Mohr McNeal purchased a new stake in SRH Total Return Fund in the 4th quarter worth $171,000. Steward Partners Investment Advisory LLC lifted its position in shares of 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 buying an additional 7,692 shares in the last quarter. Absolute Investment Advisers LLC bought a new position in SRH Total Return Fund during the fourth quarter valued at approximately $197,000. Synovus Financial Corp purchased a new position in SRH Total Return Fund during the 3rd quarter valued at approximately $202,000. Finally, PNC Financial Services Group Inc. grew its holdings in SRH Total Return Fund by 110.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 13,475 shares of the company's stock valued at $216,000 after buying an additional 7,065 shares in the last quarter. Hedge funds and other institutional investors own 15.61% of the company's stock.

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SRH Total Return Fund Company Profile

(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.

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Should You Invest $1,000 in SRH Total Return Fund Right Now?

Before you consider SRH Total Return Fund, you'll want to hear this.

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