Allspring Global Investments Holdings LLC Acquires 7,136 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Allspring Global Investments Holdings LLC raised its holdings in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 1.3% during the first quarter, Holdings Channel reports. The fund owned 541,448 shares of the company’s stock after buying an additional 7,136 shares during the period. Allspring Global Investments Holdings LLC’s holdings in SRH Total Return Fund were worth $9,340,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of STEW. Steward Partners Investment Advisory LLC grew its position in SRH Total Return Fund by 207.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,392 shares of the company’s stock valued at $182,000 after acquiring an additional 7,692 shares during the last quarter. Raymond James Financial Inc. bought a new position in SRH Total Return Fund during the fourth quarter valued at approximately $3,665,000. Blue Bell Private Wealth Management LLC boosted its stake in shares of SRH Total Return Fund by 13.9% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 257,068 shares of the company’s stock valued at $4,118,000 after purchasing an additional 31,316 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of SRH Total Return Fund by 110.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 13,475 shares of the company’s stock valued at $216,000 after purchasing an additional 7,065 shares during the period. Finally, Independent Advisor Alliance purchased a new stake in shares of SRH Total Return Fund during the fourth quarter valued at approximately $1,463,000. 15.61% of the stock is currently owned by institutional investors.

SRH Total Return Fund Price Performance

NYSE:STEW opened at $17.84 on Friday. SRH Total Return Fund, Inc. has a fifty-two week low of $14.32 and a fifty-two week high of $17.89. The business has a 50 day moving average price of $17.45 and a 200-day moving average price of $16.81.

SRH Total Return Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 24th will be paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date of this dividend is Thursday, July 24th.

About SRH Total Return Fund

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.