SRH Total Return Fund (NYSE:STEW) Sees Large Volume Increase – Should You Buy?

SRH Total Return Fund, Inc. (NYSE:STEW) shares saw strong trading volume on Friday . 72,381 shares traded hands during trading, a decline of 2% from the previous session’s volume of 74,177 shares.The stock last traded at $18.3650 and had previously closed at $18.54.

SRH Total Return Fund Price Performance

The business’s 50 day moving average price is $18.01 and its 200-day moving average price is $17.94.

SRH Total Return Fund Increases Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of STEW. Total Investment Management Inc. acquired a new stake in shares of SRH Total Return Fund during the second quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in SRH Total Return Fund by 142.9% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,700 shares of the company’s stock valued at $30,000 after acquiring an additional 1,000 shares during the last quarter. Financial Consulate Inc. bought a new position in SRH Total Return Fund during the third quarter valued at about $106,000. Northwestern Mutual Wealth Management Co. lifted its holdings in SRH Total Return Fund by 22.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,639 shares of the company’s stock worth $170,000 after purchasing an additional 1,775 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in SRH Total Return Fund by 37.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 10,364 shares of the company’s stock worth $183,000 after purchasing an additional 2,814 shares during the period. Institutional investors own 15.61% of the company’s stock.

About SRH Total Return Fund

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.