SRH Total Return Fund (NYSE:STEW) Trading Down 0.2% – Should You Sell?

SRH Total Return Fund, Inc. (NYSE:STEWGet Free Report) shares fell 0.2% on Thursday . The company traded as low as $17.65 and last traded at $17.69. 125,244 shares were traded during trading, an increase of 52% from the average session volume of 82,328 shares. The stock had previously closed at $17.73.

SRH Total Return Fund Price Performance

The stock’s 50 day simple moving average is $18.09 and its 200 day simple moving average is $18.07.

SRH Total Return Fund Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 23rd will be issued a $0.20 dividend. The ex-dividend date is Thursday, April 23rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.5%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of STEW. Total Investment Management Inc. purchased a new stake in shares of SRH Total Return Fund in the 2nd quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of SRH Total Return Fund by 1,000.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,200 shares of the company’s stock worth $41,000 after purchasing an additional 2,000 shares during the period. Financial Consulate Inc. bought a new position in shares of SRH Total Return Fund during the third quarter valued at approximately $106,000. Global Retirement Partners LLC lifted its holdings in SRH Total Return Fund by 38.3% during the fourth quarter. Global Retirement Partners LLC now owns 8,005 shares of the company’s stock worth $148,000 after buying an additional 2,218 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in SRH Total Return Fund by 22.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,639 shares of the company’s stock worth $170,000 after buying an additional 1,775 shares during the period. 15.61% of the stock is currently owned by hedge funds and other institutional investors.

SRH Total Return Fund Company Profile

(Get Free Report)

SRH Total Return Fund (NYSE: STEW) is a diversified closed-end management investment company seeking high total return through a combination of income and capital appreciation. The fund pursues its objective by investing primarily in income-producing securities such as corporate bonds, convertible securities, preferred stocks and dividend-paying common stocks.

Portfolio managers employ active credit analysis and duration management to navigate changing market conditions and capture yield opportunities across both investment-grade and high-yield segments.

Further Reading

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