Allspring Global Investments Holdings LLC Acquires 259,138 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Allspring Global Investments Holdings LLC raised its holdings in SRH Total Return Fund, Inc. (NYSE:STEW) by 32.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,062,120 shares of the company’s stock after purchasing an additional 259,138 shares during the period. Allspring Global Investments Holdings LLC’s holdings in SRH Total Return Fund were worth $14,732,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Shaker Financial Services LLC boosted its holdings in shares of SRH Total Return Fund by 3.2% during the 3rd quarter. Shaker Financial Services LLC now owns 612,125 shares of the company’s stock valued at $7,945,000 after acquiring an additional 18,699 shares in the last quarter. Raymond James & Associates boosted its stake in shares of SRH Total Return Fund by 1.5% during the third quarter. Raymond James & Associates now owns 340,892 shares of the company’s stock valued at $4,425,000 after purchasing an additional 4,988 shares in the last quarter. Advisor Partners II LLC bought a new stake in shares of SRH Total Return Fund during the third quarter worth about $4,232,000. Wolverine Asset Management LLC increased its stake in shares of SRH Total Return Fund by 17.7% in the third quarter. Wolverine Asset Management LLC now owns 238,266 shares of the company’s stock valued at $3,093,000 after buying an additional 35,857 shares during the period. Finally, Royal Bank of Canada bought a new position in SRH Total Return Fund in the 3rd quarter valued at approximately $2,507,000. Institutional investors and hedge funds own 15.61% of the company’s stock.

SRH Total Return Fund Price Performance

STEW opened at $14.32 on Tuesday. SRH Total Return Fund, Inc. has a fifty-two week low of $12.07 and a fifty-two week high of $15.09. The company’s 50 day moving average price is $14.67 and its two-hundred day moving average price is $13.84.

SRH Total Return Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be paid a $0.1375 dividend. The ex-dividend date is Monday, April 22nd. This represents a $0.55 annualized dividend and a dividend yield of 3.84%.

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.