Shaker Financial Services LLC Buys 158,502 Shares of Total Return Securities, Inc. $SWZ

Shaker Financial Services LLC lifted its position in Total Return Securities, Inc. (NYSE:SWZ) by 112.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 298,862 shares of the closed-end fund’s stock after acquiring an additional 158,502 shares during the quarter. Shaker Financial Services LLC’s holdings in Total Return Securities were worth $1,817,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in shares of Total Return Securities during the 2nd quarter worth approximately $55,000. Private Management Group Inc. bought a new stake in Total Return Securities during the second quarter worth $67,000. Mccarter Private Wealth Services LLC purchased a new position in Total Return Securities in the second quarter worth $92,000. Bank of America Corp DE grew its stake in Total Return Securities by 375.2% in the 4th quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund’s stock valued at $102,000 after purchasing an additional 10,795 shares during the period. Finally, Beverly Hills Private Wealth LLC purchased a new stake in shares of Total Return Securities during the 2nd quarter valued at $122,000. 41.12% of the stock is owned by institutional investors.

Total Return Securities Trading Up 0.2%

NYSE SWZ opened at $6.24 on Wednesday. The business’s fifty day moving average is $6.09 and its 200-day 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 Transactions at Total Return Securities

In other Total Return Securities news, major shareholder Css Llc/Il sold 12,196 shares of Total Return Securities stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $6.25, for a total value of $76,225.00. Following the sale, the insider owned 1,686,971 shares of the company’s stock, valued at approximately $10,543,568.75. The trade was a 0.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 55,535 shares of company stock worth $347,219 in the last three months. Company insiders own 0.03% of the company’s stock.

Total Return Securities Company 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.