Flputnam Investment Management Co. Makes New $698,000 Investment in SRH Total Return Fund, Inc. $STEW

Flputnam Investment Management Co. bought a new position in shares of SRH Total Return Fund, Inc. (NYSE:STEW) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 37,673 shares of the company’s stock, valued at approximately $698,000.

Several other hedge funds have also recently bought and sold shares of STEW. Thurston Springer Miller Herd & Titak Inc. increased its position in SRH Total Return Fund by 1,000.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,200 shares of the company’s stock worth $41,000 after buying an additional 2,000 shares during the last quarter. Global Retirement Partners LLC increased its position in SRH Total Return Fund by 38.3% during the fourth quarter. Global Retirement Partners LLC now owns 8,005 shares of the company’s stock worth $148,000 after buying an additional 2,218 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in SRH Total Return Fund by 22.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,639 shares of the company’s stock worth $170,000 after buying an additional 1,775 shares during the last quarter. Jane Street Group LLC acquired a new position in SRH Total Return Fund during the second quarter worth $191,000. Finally, Moloney Securities Asset Management LLC acquired a new position in SRH Total Return Fund during the third quarter worth $235,000. 15.61% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other SRH Total Return Fund news, Director Jacob E. Hemmer bought 5,000 shares of the stock in a transaction on Thursday, May 21st. The shares were purchased at an average cost of $17.53 per share, with a total value of $87,650.00. Following the completion of the transaction, the director directly owned 10,000 shares of the company’s stock, valued at $175,300. This represents a 100.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.09% of the stock is owned by insiders.

SRH Total Return Fund Price Performance

SRH Total Return Fund stock opened at $17.39 on Friday. SRH Total Return Fund, Inc. has a one year low of $16.55 and a one year high of $18.67. The company’s fifty day moving average price is $17.53 and its two-hundred day moving average price is $17.85.

SRH Total Return Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 24th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Friday, July 24th.

SRH Total Return Fund Profile

SRH Total Return Fund (NYSE: STEW) is a diversified closed-end management investment company seeking high total return through a combination of income and capital appreciation. The fund pursues its objective by investing primarily in income-producing securities such as corporate bonds, convertible securities, preferred stocks and dividend-paying common stocks.

Portfolio managers employ active credit analysis and duration management to navigate changing market conditions and capture yield opportunities across both investment-grade and high-yield segments.