Matisse Capital Takes $3.69 Million Position in Total Return Securities, Inc. $SWZ

Matisse Capital bought a new stake in shares of Total Return Securities, Inc. (NYSE:SWZ) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 607,000 shares of the closed-end fund’s stock, valued at approximately $3,691,000. Total Return Securities comprises approximately 1.7% of Matisse Capital’s portfolio, making the stock its 13th largest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SWZ. Allspring Global Investments Holdings LLC raised its position in Total Return Securities by 10.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,127,310 shares of the closed-end fund’s stock worth $12,934,000 after purchasing an additional 196,505 shares in the last quarter. Shaker Financial Services LLC grew its stake in shares of Total Return Securities by 112.9% in the 3rd quarter. Shaker Financial Services LLC now owns 298,862 shares of the closed-end fund’s stock valued at $1,817,000 after purchasing an additional 158,502 shares during the period. North Ground Capital grew its stake in shares of Total Return Securities by 29.0% in the 3rd quarter. North Ground Capital now owns 193,523 shares of the closed-end fund’s stock valued at $1,177,000 after purchasing an additional 43,465 shares during the period. Blue Bell Private Wealth Management LLC raised its holdings in shares of Total Return Securities by 83.5% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 192,703 shares of the closed-end fund’s stock worth $1,172,000 after buying an additional 87,695 shares in the last quarter. Finally, Uncommon Cents Investing LLC lifted its position in shares of Total Return Securities by 23.8% during the 2nd quarter. Uncommon Cents Investing LLC now owns 123,930 shares of the closed-end fund’s stock worth $786,000 after buying an additional 23,800 shares during the period. Institutional investors own 41.12% of the company’s stock.

Total Return Securities Stock Down 0.2%

Shares of SWZ stock opened at $6.30 on Tuesday. The stock’s fifty day simple moving average is $6.15 and its 200 day simple moving average is $6.11. Total Return Securities, Inc. has a one year low of $5.84 and a one year high of $9.43.

Insider Activity

In other news, major shareholder Css Llc/Il sold 21,000 shares of the business’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $6.26, for a total value of $131,460.00. Following the sale, the insider owned 1,706,939 shares in the company, valued at approximately $10,685,438.14. The trade was a 1.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 55,535 shares of company stock worth $347,219 over the last three months. 0.03% of the stock is currently owned by company insiders.

Total Return Securities Profile

Total Return Securities (NYSE:SWZ) is a closed-end management investment company listed on the New York Stock Exchange. The fund seeks to deliver a high total return for shareholders by combining capital appreciation with current income. It provides access to a diversified portfolio of equity and fixed-income securities spanning multiple industries and regions.

SWZ’s investment strategy typically blends dividend-paying common stocks, corporate bonds and other credit instruments. The fund may employ moderate leverage to enhance returns and pursues an active management approach, dynamically adjusting its allocations in response to evolving market conditions.