Almitas Capital LLC Acquires 81,229 Shares of SRH Total Return Fund, Inc. (NYSE:STEW)

Almitas Capital LLC boosted its holdings in SRH Total Return Fund, Inc. (NYSE:STEW) by 36.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 301,991 shares of the company’s stock after acquiring an additional 81,229 shares during the quarter. SRH Total Return Fund accounts for about 1.1% of Almitas Capital LLC’s investment portfolio, making the stock its 19th biggest position. Almitas Capital LLC owned about 0.31% of SRH Total Return Fund worth $4,838,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in STEW. JP Wealth Management Inc. acquired a new stake in SRH Total Return Fund during the fourth quarter valued at approximately $14,841,000. Raymond James Financial Inc. bought a new position in shares of SRH Total Return Fund during the 4th quarter worth approximately $3,665,000. Consolidated Portfolio Review Corp acquired a new stake in SRH Total Return Fund in the 4th quarter valued at $2,277,000. Independent Advisor Alliance bought a new stake in SRH Total Return Fund in the fourth quarter valued at $1,463,000. Finally, Shaker Financial Services LLC raised its stake in SRH Total Return Fund by 10.9% during the fourth quarter. Shaker Financial Services LLC now owns 726,726 shares of the company’s stock worth $11,642,000 after acquiring an additional 71,517 shares in the last quarter. Institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Price Performance

Shares of NYSE STEW opened at $17.31 on Friday. SRH Total Return Fund, Inc. has a 52-week low of $14.20 and a 52-week high of $17.46. The business has a fifty day moving average of $16.64 and a two-hundred day moving average of $16.40.

SRH Total Return Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 23rd were issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 3.81%. The ex-dividend date was Wednesday, April 23rd.

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.