SRH Total Return Fund (NYSE:STEW) Director Jacob Hemmer Acquires 5,000 Shares

SRH Total Return Fund, Inc. (NYSE:STEW) Director Jacob Hemmer purchased 5,000 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were acquired at an average cost of $17.53 per share, for a total transaction of $87,650.00. Following the completion of the purchase, the director directly owned 10,000 shares of the company’s stock, valued at approximately $175,300. This represents a 100.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

SRH Total Return Fund Trading Up 0.9%

Shares of STEW traded up $0.15 during mid-day trading on Friday, reaching $17.73. The company’s stock had a trading volume of 32,079 shares, compared to its average volume of 88,904. SRH Total Return Fund, Inc. has a 52 week low of $16.55 and a 52 week high of $18.67. The company’s fifty day moving average price is $17.48 and its two-hundred day moving average price is $17.85.

SRH Total Return Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 24th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, July 24th. This represents a $0.80 annualized dividend and a yield of 4.5%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of STEW. JP Wealth Management Inc. grew its position in SRH Total Return Fund by 17.5% during the 4th quarter. JP Wealth Management Inc. now owns 1,475,715 shares of the company’s stock worth $27,360,000 after acquiring an additional 219,432 shares during the last quarter. Kingdom Financial Group LLC. purchased a new position in SRH Total Return Fund in the 4th quarter worth approximately $2,865,000. Integrated Capital Management Inc. lifted its position in SRH Total Return Fund by 5.5% in the fourth quarter. Integrated Capital Management Inc. now owns 20,650 shares of the company’s stock valued at $383,000 after purchasing an additional 1,078 shares during the last quarter. Level Four Advisory Services LLC boosted its stake in shares of SRH Total Return Fund by 9.7% during the third quarter. Level Four Advisory Services LLC now owns 21,881 shares of the company’s stock valued at $397,000 after purchasing an additional 1,930 shares during the period. Finally, &PARTNERS boosted its stake in shares of SRH Total Return Fund by 146.2% during the fourth quarter. &PARTNERS now owns 71,329 shares of the company’s stock valued at $1,322,000 after purchasing an additional 42,362 shares during the period. Hedge funds and other institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Company 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.