Bulldog Investors LLP Trims Stock Holdings in Total Return Securities, Inc. $SWZ

Bulldog Investors LLP reduced its stake in Total Return Securities, Inc. (NYSE:SWZ) by 75.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 39,787 shares of the closed-end fund’s stock after selling 122,116 shares during the quarter. Bulldog Investors LLP’s holdings in Total Return Securities were worth $236,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. North Ground Capital grew its stake in shares of Total Return Securities by 241.6% in the fourth quarter. North Ground Capital now owns 661,145 shares of the closed-end fund’s stock worth $4,112,000 after acquiring an additional 467,622 shares in the last quarter. Alpine Global Management LLC lifted its stake in Total Return Securities by 372.2% in the fourth quarter. Alpine Global Management LLC now owns 413,169 shares of the closed-end fund’s stock worth $2,570,000 after acquiring an additional 325,669 shares during the last quarter. Saba Capital Management L.P. grew its holdings in Total Return Securities by 100.0% during the 4th quarter. Saba Capital Management L.P. now owns 605,224 shares of the closed-end fund’s stock worth $3,764,000 after acquiring an additional 302,612 shares in the last quarter. Evolve Private Wealth LLC purchased a new stake in shares of Total Return Securities in the 4th quarter valued at approximately $1,355,000. Finally, Sit Investment Associates Inc. raised its stake in Total Return Securities by 33,845.7% in the fourth quarter. Sit Investment Associates Inc. now owns 101,837 shares of the closed-end fund’s stock valued at $633,000 after buying an additional 101,537 shares in the last quarter. 41.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Andrew Dakos acquired 5,000 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were bought at an average price of $5.92 per share, with a total value of $29,600.00. Following the completion of the acquisition, the chief executive officer owned 131,000 shares in the company, valued at $775,520. This trade represents a 3.97% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Phillip Goldstein bought 5,980 shares of the stock in a transaction dated Monday, July 6th. The stock was bought at an average price of $5.95 per share, with a total value of $35,581.00. Following the acquisition, the insider owned 119,214 shares in the company, valued at approximately $709,323.30. This represents a 5.28% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 34,228 shares of company stock worth $203,790. 0.03% of the stock is owned by corporate insiders.

Total Return Securities Price Performance

Shares of NYSE SWZ opened at $5.92 on Tuesday. Total Return Securities, Inc. has a fifty-two week low of $5.84 and a fifty-two week high of $6.43. The stock’s 50-day simple moving average is $5.94 and its 200-day simple moving average is $6.02.

About Total Return Securities

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.