SRH Total Return Fund, Inc. (NYSE:STEW - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 59,684 shares were traded during mid-day trading, a decline of 37% from the previous session's volume of 94,717 shares.The stock last traded at $16.27 and had previously closed at $16.52.
SRH Total Return Fund Price Performance
The company's 50-day moving average is $16.61 and its two-hundred day moving average is $16.36.
SRH Total Return Fund Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd will be issued a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.89%.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. NBC Securities Inc. lifted its stake in SRH Total Return Fund by 105,800.0% during the 1st quarter. NBC Securities Inc. now owns 9,531 shares of the company's stock valued at $164,000 after acquiring an additional 9,522 shares in the last quarter. Buffington Mohr McNeal bought a new position in shares of SRH Total Return Fund during the fourth quarter valued at about $171,000. Steward Partners Investment Advisory LLC lifted its position in shares of SRH Total Return Fund by 207.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,392 shares of the company's stock valued at $182,000 after purchasing an additional 7,692 shares in the last quarter. Absolute Investment Advisers LLC purchased a new position in SRH Total Return Fund during the fourth quarter worth about $197,000. Finally, Synovus Financial Corp bought a new stake in SRH Total Return Fund in the 3rd quarter worth about $202,000. Hedge funds and other institutional investors own 15.61% of the company's stock.
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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