Total Return Securities, Inc. (NYSE:SWZ – Get Free Report) insider Phillip Goldstein acquired 5,000 shares of Total Return Securities stock in a transaction that occurred on Thursday, October 8th. The stock was acquired at an average cost of $5.73 per share, for a total transaction of $28,650.00. Following the purchase, the insider owned 124,229 shares of the company’s stock, valued at $711,832.17. The trade was a 4.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Total Return Securities Stock Performance
NYSE SWZ traded down $0.01 on Tuesday, reaching $5.75. The company had a trading volume of 27,789 shares, compared to its average volume of 68,786. Total Return Securities, Inc. has a fifty-two week low of $5.68 and a fifty-two week high of $6.31. The business has a 50 day moving average of $5.90 and a two-hundred day moving average of $5.94.
Institutional Investors Weigh In On Total Return Securities
A number of institutional investors have recently made changes to their positions in SWZ. Bank of America Corp DE acquired a new position in shares of Total Return Securities in the second quarter worth approximately $5,152,000. Alpine Global Management LLC increased its position in Total Return Securities by 372.2% during the 4th quarter. Alpine Global Management LLC now owns 413,169 shares of the closed-end fund’s stock valued at $2,570,000 after purchasing an additional 325,669 shares during the period. Evolve Private Wealth LLC acquired a new stake in Total Return Securities during the 2nd quarter valued at approximately $827,000. Almitas Capital LLC acquired a new stake in Total Return Securities during the 2nd quarter valued at approximately $687,000. Finally, Sit Investment Associates Inc. raised its holdings 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. Institutional investors own 41.12% of the company’s stock.
About Total Return Securities
Total Return Securities, traded on the New York Stock Exchange under the symbol SWZ, is associated with the Swiss Helvetia Fund, Inc, a closed-end investment company focused on Swiss securities. The fund is designed to provide investors with exposure to Switzerland’s equity markets through a professionally managed portfolio.
The fund primarily invests in shares of Swiss companies across a range of industries and may also hold other securities, including fixed-income investments and cash equivalents.
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