Total Return Securities (NYSE:SWZ) CEO Purchases $59,700.00 in Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was bought at an average cost of $5.97 per share, for a total transaction of $59,700.00. Following the completion of the acquisition, the chief executive officer owned 33,453 shares in the company, valued at $199,714.41. This trade represents a 42.64% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, February 4th, Andrew Dakos bought 6,000 shares of Total Return Securities stock. The shares were acquired at an average cost of $6.03 per share, for a total transaction of $36,180.00.

Total Return Securities Trading Down 0.2%

Shares of NYSE SWZ traded down $0.02 during mid-day trading on Thursday, reaching $6.02. 33,774 shares of the company were exchanged, compared to its average volume of 159,616. The firm has a 50-day moving average of $6.15 and a 200 day moving average of $6.09. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $9.43.

Institutional Investors Weigh In On Total Return Securities

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC lifted its holdings in Total Return Securities by 10.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,127,310 shares of the closed-end fund’s stock valued at $12,934,000 after purchasing an additional 196,505 shares in the last quarter. Blue Bell Private Wealth Management LLC lifted its holdings in Total Return Securities by 83.5% in the third quarter. Blue Bell Private Wealth Management LLC now owns 192,703 shares of the closed-end fund’s stock worth $1,172,000 after purchasing an additional 87,695 shares during the period. Matisse Capital acquired a new stake in Total Return Securities during the third quarter valued at approximately $3,691,000. Beverly Hills Private Wealth LLC acquired a new stake in Total Return Securities during the 2nd quarter valued at $122,000. Finally, Shaker Financial Services LLC raised its stake in shares of Total Return Securities by 63.0% during the 2nd quarter. Shaker Financial Services LLC now owns 140,360 shares of the closed-end fund’s stock worth $890,000 after purchasing an additional 54,272 shares in the last quarter. 41.12% of the stock is owned by hedge funds and other institutional investors.

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.