Phillip Goldstein Acquires 5,000 Shares of Total Return Securities (NYSE:SWZ) Stock

Total Return Securities, Inc. (NYSE:SWZ) Director Phillip Goldstein bought 5,000 shares of Total Return Securities stock in a transaction dated Monday, February 23rd. The stock was acquired at an average price of $6.13 per share, with a total value of $30,650.00. Following the purchase, the director directly owned 87,910 shares of the company’s stock, valued at approximately $538,888.30. This represents a 6.03% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

Total Return Securities Stock Up 0.2%

SWZ opened at $6.18 on Friday. The company has a 50 day moving average of $6.14 and a 200 day moving average of $6.08. Total Return Securities, Inc. has a 12 month low of $5.84 and a 12 month high of $9.43.

Institutional Trading of Total Return Securities

Hedge funds have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC boosted its holdings in Total Return Securities by 10.2% during 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 acquiring an additional 196,505 shares during the period. Blue Bell Private Wealth Management LLC boosted its holdings in shares of Total Return Securities by 83.5% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 192,703 shares of the closed-end fund’s stock valued at $1,172,000 after buying an additional 87,695 shares in the last quarter. Matisse Capital purchased a new stake in shares of Total Return Securities in the 3rd quarter worth about $3,691,000. Shaker Financial Services LLC increased its stake in shares of Total Return Securities by 63.0% in the 2nd quarter. Shaker Financial Services LLC now owns 140,360 shares of the closed-end fund’s stock worth $890,000 after acquiring an additional 54,272 shares in the last quarter. Finally, Mccarter Private Wealth Services LLC purchased a new position in Total Return Securities during the 2nd quarter valued at about $92,000. 41.12% of the stock is owned by 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.