Total Return Securities (NYSE:SWZ) Stock: Insider Andrew Dakos Buys 10,000 Shares

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos purchased 10,000 shares of Total Return Securities stock in a transaction dated Monday, September 28th. The shares were purchased at an average price of $5.77 per share, for a total transaction of $57,700.00. Following the completion of the acquisition, the chief executive officer owned 60,000 shares of the company’s stock, valued at approximately $346,200. The trade was a 20.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Andrew Dakos also recently made the following trade(s):

• On Friday, September 25th, Andrew Dakos acquired 10,000 shares of Total Return Securities stock. The stock was purchased at an average cost of $5.81 per share, with a total value of $58,100.00.
• On Thursday, July 2nd, Andrew Dakos acquired 5,000 shares of Total Return Securities stock. The stock was acquired at an average price of $5.92 per share, with a total value of $29,600.00.

Total Return Securities Stock Down 0.7%

NYSE SWZ traded down $0.04 during trading hours on Tuesday, reaching $5.74. The company’s stock had a trading volume of 30,087 shares, compared to its average volume of 70,259. The firm has a fifty day simple moving average of $5.92 and a 200-day simple moving average of $5.96. Total Return Securities, Inc. has a 52 week low of $5.73 and a 52 week high of $6.31.

Hedge Funds Weigh In On Total Return Securities

Several large investors have recently modified their holdings of the business. Susquehanna International Group LLP bought a new stake in shares of Total Return Securities in the second quarter worth $220,000. Landscape Capital Management L.L.C. acquired a new stake in Total Return Securities in the second quarter valued at $581,000. Sit Investment Associates Inc. raised its position in Total Return Securities by 33,845.7% during the 4th quarter. Sit Investment Associates Inc. now owns 101,837 shares of the closed-end fund’s stock worth $633,000 after purchasing an additional 101,537 shares during the last quarter. Almitas Capital LLC bought a new position in Total Return Securities during the 2nd quarter worth $687,000. Finally, Evolve Private Wealth LLC bought a new position in Total Return Securities during the 2nd quarter worth $827,000. Institutional investors own 41.12% of the company’s stock.

About Total Return Securities

Total Return Securities (NYSE: SWZ) is a closed-end investment fund focused primarily on publicly traded companies in Switzerland. Rather than operating a commercial business, the fund provides investors with a vehicle for gaining exposure to Swiss equities and the broader Swiss market.

The fund’s portfolio may include companies from multiple industries and is managed with the objective of providing shareholders with long-term capital appreciation and income through investments in Swiss securities.