Nemes Rush Group LLC Invests $50,000 in SRH Total Return Fund, Inc. (NYSE:STEW)

Nemes Rush Group LLC purchased a new position in SRH Total Return Fund, Inc. (NYSE:STEW) in the fourth quarter, HoldingsChannel reports. The firm purchased 3,609 shares of the company’s stock, valued at approximately $50,000.

A number of other hedge funds have also modified their holdings of STEW. Allspring Global Investments Holdings LLC lifted its stake in shares of SRH Total Return Fund by 32.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,062,120 shares of the company’s stock valued at $14,732,000 after buying an additional 259,138 shares in the last quarter. Matisse Capital purchased a new position in shares of SRH Total Return Fund in the fourth quarter worth $2,150,000. AQR Arbitrage LLC boosted its position in shares of SRH Total Return Fund by 111.1% during the third quarter. AQR Arbitrage LLC now owns 175,102 shares of the company’s stock worth $2,273,000 after acquiring an additional 92,138 shares during the last quarter. Wolverine Asset Management LLC grew its stake in SRH Total Return Fund by 17.7% during the third quarter. Wolverine Asset Management LLC now owns 238,266 shares of the company’s stock valued at $3,093,000 after acquiring an additional 35,857 shares in the last quarter. Finally, Alta Capital Management LLC purchased a new stake in SRH Total Return Fund in the 4th quarter worth $433,000. 15.61% of the stock is currently owned by institutional investors.

SRH Total Return Fund Stock Performance

Shares of SRH Total Return Fund stock traded up $0.02 during trading hours on Wednesday, reaching $14.62. The company’s stock had a trading volume of 26,702 shares, compared to its average volume of 80,681. The firm has a 50 day moving average price of $14.58 and a 200-day moving average price of $14.15. SRH Total Return Fund, Inc. has a one year low of $12.07 and a one year high of $15.09.

SRH Total Return Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 24th will be given a $0.1375 dividend. The ex-dividend date of this dividend is Wednesday, July 24th. This represents a $0.55 annualized dividend and a yield of 3.76%.

Insider Transactions at SRH Total Return Fund

In other news, Director Thomas Jack Moore acquired 1,426 shares of SRH Total Return Fund stock in a transaction that occurred on Tuesday, May 7th. The stock was purchased at an average price of $20,491.62 per share, for a total transaction of $29,221,050.12. Following the purchase, the director now directly owns 2,960 shares in the company, valued at approximately $60,655,195.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.14% of the company’s stock.

About SRH Total Return Fund

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.