SRH Total Return Fund, Inc. $STEW Shares Sold by AQR Arbitrage LLC

AQR Arbitrage LLC trimmed its stake in SRH Total Return Fund, Inc. (NYSE:STEW) by 28.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 316,222 shares of the company’s stock after selling 128,526 shares during the quarter. AQR Arbitrage LLC owned approximately 0.33% of SRH Total Return Fund worth $5,581,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Jane Street Group LLC purchased a new stake in shares of SRH Total Return Fund in the 2nd quarter valued at approximately $191,000. Raymond James Financial Inc. grew its position in SRH Total Return Fund by 8.8% during the 2nd quarter. Raymond James Financial Inc. now owns 240,942 shares of the company’s stock worth $4,260,000 after purchasing an additional 19,547 shares in the last quarter. Quantedge Capital Pte Ltd grew its stake in SRH Total Return Fund by 1.6% during the 2nd quarter. Quantedge Capital Pte Ltd now owns 200,303 shares of the company’s stock valued at $3,541,000 after acquiring an additional 3,100 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of SRH Total Return Fund by 1.9% during the 2nd quarter. NewEdge Advisors LLC now owns 69,123 shares of the company’s stock valued at $1,222,000 after acquiring an additional 1,261 shares in the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. grew its stake in shares of SRH Total Return Fund by 90,128.8% in the 2nd quarter. Thomas J. Herzfeld Advisors Inc. now owns 325,726 shares of the company’s stock valued at $5,759,000 after buying an additional 325,365 shares in the last quarter. 15.61% of the stock is owned by hedge funds and other institutional investors.

SRH Total Return Fund Stock Performance

NYSE:STEW opened at $18.23 on Friday. The stock’s 50 day moving average price is $17.87 and its 200 day moving average price is $17.84. SRH Total Return Fund, Inc. has a 52 week low of $15.00 and a 52 week high of $18.67.

SRH Total Return Fund Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 23rd will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.4%. This is a positive change from SRH Total Return Fund’s previous quarterly dividend of $0.17. The ex-dividend date is Friday, January 23rd.

SRH Total Return Fund 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.