SRH Total Return Fund, Inc. (NYSE:STEW - Get Free Report) Director Thomas Jack Moore acquired 1,426 shares of the business's stock in a transaction dated Tuesday, May 7th. The shares were bought at an average cost of $20,491.62 per share, for a total transaction of $29,221,050.12. Following the transaction, the director now directly owns 2,960 shares of the company's stock, valued at approximately $60,655,195.20. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
SRH Total Return Fund Trading Up 0.6 %
Shares of STEW opened at $14.46 on Wednesday. The stock has a 50-day simple moving average of $14.62 and a 200-day simple moving average of $14.00. SRH Total Return Fund, Inc. has a 1 year low of $12.07 and a 1 year high of $15.09.
SRH Total Return Fund Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd were given a dividend of $0.1375 per share. The ex-dividend date of this dividend was Monday, April 22nd. This represents a $0.55 annualized dividend and a dividend yield of 3.80%.
Hedge Funds Weigh In On SRH Total Return Fund
Several large investors have recently bought and sold shares of the business. Matisse Capital lifted its holdings in SRH Total Return Fund by 9.7% during the 1st quarter. Matisse Capital now owns 170,000 shares of the company's stock worth $2,560,000 after buying an additional 15,000 shares during the last quarter. Rocky Mountain Advisers LLC boosted its holdings in SRH Total Return Fund by 0.5% in the first quarter. Rocky Mountain Advisers LLC now owns 189,795 shares of the company's stock valued at $2,858,000 after purchasing an additional 860 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its stake in SRH Total Return Fund by 16.1% in the first quarter. Blue Bell Private Wealth Management LLC now owns 135,726 shares of the company's stock valued at $2,044,000 after purchasing an additional 18,857 shares during the last quarter. Kingswood Wealth Advisors LLC increased its stake in SRH Total Return Fund by 15.7% in the first quarter. Kingswood Wealth Advisors LLC now owns 49,225 shares of the company's stock valued at $741,000 after purchasing an additional 6,675 shares during the last quarter. Finally, Nomura Holdings Inc. acquired a new stake in SRH Total Return Fund during the fourth quarter worth approximately $198,000. Hedge funds and other institutional investors own 15.61% of the company's stock.
About SRH Total Return Fund
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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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