Allspring Global Investments Holdings LLC Purchases 259,138 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Allspring Global Investments Holdings LLC increased its holdings in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 32.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,062,120 shares of the company’s stock after buying an additional 259,138 shares during the quarter. Allspring Global Investments Holdings LLC owned 1.09% of SRH Total Return Fund worth $14,732,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in STEW. Rocky Mountain Advisers LLC raised its position in shares of SRH Total Return Fund by 0.5% during the fourth quarter. Rocky Mountain Advisers LLC now owns 188,935 shares of the company’s stock worth $2,621,000 after purchasing an additional 863 shares during the period. Bank of America Corp DE raised its holdings in SRH Total Return Fund by 1.5% during the 1st quarter. Bank of America Corp DE now owns 59,563 shares of the company’s stock worth $731,000 after buying an additional 866 shares during the period. Quantedge Capital Pte Ltd lifted its stake in SRH Total Return Fund by 1.1% in the third quarter. Quantedge Capital Pte Ltd now owns 133,103 shares of the company’s stock valued at $1,728,000 after buying an additional 1,500 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of SRH Total Return Fund by 2.3% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 67,599 shares of the company’s stock valued at $877,000 after buying an additional 1,522 shares during the period. Finally, Integrated Wealth Concepts LLC increased its position in shares of SRH Total Return Fund by 18.3% during the fourth quarter. Integrated Wealth Concepts LLC now owns 12,994 shares of the company’s stock worth $165,000 after acquiring an additional 2,009 shares in the last quarter. 15.61% of the stock is currently owned by institutional investors.

SRH Total Return Fund Stock Performance

Shares of NYSE:STEW opened at $14.32 on Tuesday. SRH Total Return Fund, Inc. has a 12 month low of $12.07 and a 12 month high of $15.09. The company’s fifty day simple moving average is $14.67 and its 200 day simple moving average is $13.84.

SRH Total Return Fund Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be paid a $0.1375 dividend. This represents a $0.55 annualized dividend and a dividend yield of 3.84%. The ex-dividend date is Monday, April 22nd.

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.