Allspring Global Investments Holdings LLC Sells 21,215 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Allspring Global Investments Holdings LLC reduced its position in SRH Total Return Fund, Inc. (NYSE:STEWFree Report) by 2.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 814,448 shares of the company’s stock after selling 21,215 shares during the period. Allspring Global Investments Holdings LLC owned about 0.84% of SRH Total Return Fund worth $12,868,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James & Associates lifted its position in SRH Total Return Fund by 4.1% during the second quarter. Raymond James & Associates now owns 343,602 shares of the company’s stock valued at $4,999,000 after purchasing an additional 13,439 shares during the period. Sanctuary Advisors LLC bought a new position in shares of SRH Total Return Fund during the 2nd quarter valued at $2,369,000. Heritage Wealth Management Inc. purchased a new position in shares of SRH Total Return Fund in the 2nd quarter worth $462,000. Karpus Management Inc. boosted its stake in shares of SRH Total Return Fund by 86.7% in the 1st quarter. Karpus Management Inc. now owns 76,555 shares of the company’s stock worth $1,153,000 after buying an additional 35,552 shares during the last quarter. Finally, Clear Creek Financial Management LLC grew its holdings in shares of SRH Total Return Fund by 2.3% in the second quarter. Clear Creek Financial Management LLC now owns 49,800 shares of the company’s stock worth $725,000 after acquiring an additional 1,100 shares during the period. 15.61% of the stock is currently owned by hedge funds and other institutional investors.

SRH Total Return Fund Price Performance

STEW stock opened at $15.61 on Friday. The business’s 50-day moving average is $15.68 and its two-hundred day moving average is $15.00. SRH Total Return Fund, Inc. has a fifty-two week low of $12.07 and a fifty-two week high of $16.08.

SRH Total Return Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 24th will be issued a $0.1375 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date is Thursday, October 24th.

SRH Total Return Fund Profile

(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.

See Also

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Institutional Ownership by Quarter for SRH Total Return Fund (NYSE:STEW)

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