SRH Total Return Fund (NYSE:STEW) Sees Strong Trading Volume – Time to Buy?

SRH Total Return Fund, Inc. (NYSE:STEW) shares saw unusually-strong trading volume on Thursday . Approximately 112,820 shares were traded during mid-day trading, an increase of 39% from the previous session’s volume of 81,322 shares.The stock last traded at $17.30 and had previously closed at $17.19.

SRH Total Return Fund Trading Down 0.8 %

The stock’s fifty day simple moving average is $16.66 and its 200-day simple moving average is $16.23.

SRH Total Return Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 23rd will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $0.66 annualized dividend and a yield of 3.84%.

Institutional Trading of SRH Total Return Fund

A number of hedge funds have recently modified their holdings of STEW. SRH Advisors LLC raised its stake in shares of SRH Total Return Fund by 0.4% in the fourth quarter. SRH Advisors LLC now owns 192,242 shares of the company’s stock valued at $3,080,000 after purchasing an additional 796 shares in the last quarter. Level Four Advisory Services LLC lifted its holdings in shares of SRH Total Return Fund by 4.8% during the 4th quarter. Level Four Advisory Services LLC now owns 18,496 shares of the company’s stock worth $296,000 after acquiring an additional 854 shares during the period. MML Investors Services LLC boosted its position in shares of SRH Total Return Fund by 1.7% during the 4th quarter. MML Investors Services LLC now owns 73,787 shares of the company’s stock valued at $1,182,000 after acquiring an additional 1,212 shares in the last quarter. HighTower Advisors LLC increased its stake in SRH Total Return Fund by 1.7% in the fourth quarter. HighTower Advisors LLC now owns 104,060 shares of the company’s stock valued at $1,667,000 after acquiring an additional 1,702 shares during the period. Finally, Park Avenue Securities LLC raised its position in SRH Total Return Fund by 2.9% in the fourth quarter. Park Avenue Securities LLC now owns 82,691 shares of the company’s stock worth $1,325,000 after purchasing an additional 2,297 shares in the last quarter. Institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Company 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.