Capstone Investment Advisors LLC Invests $2 Million in SRH Total Return Fund, Inc. $STEW

Capstone Investment Advisors LLC purchased a new stake in SRH Total Return Fund, Inc. (NYSE:STEW) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 111,819 shares of the company’s stock, valued at approximately $2,002,000.

Several other large investors also recently bought and sold shares of STEW. D.A. Davidson & CO. raised its holdings in shares of SRH Total Return Fund by 0.7% during the first quarter. D.A. Davidson & CO. now owns 83,645 shares of the company’s stock valued at $1,430,000 after acquiring an additional 581 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of SRH Total Return Fund by 0.9% during the third quarter. NewEdge Advisors LLC now owns 69,739 shares of the company’s stock worth $1,266,000 after purchasing an additional 616 shares in the last quarter. Kestra Advisory Services LLC raised its stake in SRH Total Return Fund by 5.9% in the 4th quarter. Kestra Advisory Services LLC now owns 18,560 shares of the company’s stock valued at $344,000 after purchasing an additional 1,035 shares during the last quarter. Bank of America Corp DE raised its stake in SRH Total Return Fund by 0.5% in the 1st quarter. Bank of America Corp DE now owns 278,867 shares of the company’s stock valued at $4,769,000 after purchasing an additional 1,320 shares during the last quarter. Finally, Fifth Third Bancorp purchased a new position in SRH Total Return Fund in the 1st quarter valued at $26,000. 15.61% of the stock is currently owned by hedge funds and other institutional investors.

SRH Total Return Fund Stock Down 0.7%

SRH Total Return Fund stock opened at $18.53 on Friday. The company has a fifty day simple moving average of $18.30 and a 200-day simple moving average of $17.85. SRH Total Return Fund, Inc. has a 52-week low of $16.55 and a 52-week high of $19.05.

SRH Total Return Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 23rd will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, October 23rd.

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.