AQR Arbitrage LLC Has $5.58 Million Stake in SRH Total Return Fund, Inc. $STEW

AQR Arbitrage LLC trimmed its holdings in shares of SRH Total Return Fund, Inc. (NYSE:STEW) by 28.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 316,222 shares of the company’s stock after selling 128,526 shares during the period. AQR Arbitrage LLC’s holdings in SRH Total Return Fund were worth $5,581,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of STEW. Cetera Investment Advisers lifted its holdings in SRH Total Return Fund by 3.4% during the first quarter. Cetera Investment Advisers now owns 31,758 shares of the company’s stock worth $548,000 after acquiring an additional 1,038 shares in the last quarter. Monetary Management Group Inc. lifted its holdings in shares of SRH Total Return Fund by 132.5% during the 1st quarter. Monetary Management Group Inc. now owns 27,900 shares of the company’s stock valued at $481,000 after purchasing an additional 15,900 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of SRH Total Return Fund by 17.4% during the 1st quarter. Royal Bank of Canada now owns 186,601 shares of the company’s stock valued at $3,218,000 after purchasing an additional 27,642 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in SRH Total Return Fund by 142.9% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,700 shares of the company’s stock worth $30,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of SRH Total Return Fund by 15.6% in the second quarter. Park Avenue Securities LLC now owns 95,541 shares of the company’s stock worth $1,689,000 after purchasing an additional 12,866 shares in the last quarter. Institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Stock Performance

SRH Total Return Fund stock opened at $18.23 on Friday. The company’s 50-day moving average is $17.87 and its 200-day moving average is $17.84. SRH Total Return Fund, Inc. has a fifty-two week low of $15.00 and a fifty-two week high of $18.67.

SRH Total Return Fund Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 23rd will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, January 23rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.4%. This is a boost from SRH Total Return Fund’s previous quarterly dividend of $0.17.

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.