Total Return Securities (NYSE:SWZ) CEO Andrew Dakos Buys 2,000 Shares

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos purchased 2,000 shares of the business’s stock in a transaction on Friday, February 27th. The stock was purchased at an average cost of $6.20 per share, with a total value of $12,400.00. Following the completion of the acquisition, the chief executive officer owned 22,677 shares in the company, valued at approximately $140,597.40. This trade represents a 9.67% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Thursday, February 26th, Andrew Dakos purchased 5,000 shares of Total Return Securities stock. The stock was purchased at an average cost of $6.17 per share, for a total transaction of $30,850.00.
• On Wednesday, February 4th, Andrew Dakos acquired 6,000 shares of Total Return Securities stock. The shares were acquired at an average cost of $6.03 per share, with a total value of $36,180.00.
• On Tuesday, February 3rd, Andrew Dakos acquired 10,000 shares of Total Return Securities stock. The shares were acquired at an average cost of $5.97 per share, with a total value of $59,700.00.

Total Return Securities Price Performance

Total Return Securities stock traded down $0.07 during midday trading on Monday, hitting $6.15. 123,679 shares of the company’s stock were exchanged, compared to its average volume of 131,162. The stock has a 50-day moving average price of $6.14 and a two-hundred day moving average price of $6.08. Total Return Securities, Inc. has a 52-week low of $5.84 and a 52-week high of $9.43.

Institutional Investors Weigh In On Total Return Securities

A number of institutional investors and hedge funds have recently bought and sold shares of SWZ. Allspring Global Investments Holdings LLC lifted its position in Total Return Securities by 10.2% during the third 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 during the last quarter. North Ground Capital increased its holdings in shares of Total Return Securities by 241.6% in the 4th quarter. North Ground Capital now owns 661,145 shares of the closed-end fund’s stock worth $4,112,000 after buying an additional 467,622 shares during the last quarter. Matisse Capital raised its position in shares of Total Return Securities by 0.5% during the 4th quarter. Matisse Capital now owns 610,000 shares of the closed-end fund’s stock valued at $3,794,000 after buying an additional 3,000 shares in the last quarter. Saba Capital Management L.P. raised its position in shares of Total Return Securities by 100.0% during the 4th quarter. Saba Capital Management L.P. now owns 605,224 shares of the closed-end fund’s stock valued at $3,764,000 after buying an additional 302,612 shares in the last quarter. Finally, Rivernorth Capital Management LLC lifted its holdings in shares of Total Return Securities by 15.4% during the 4th quarter. Rivernorth Capital Management LLC now owns 437,018 shares of the closed-end fund’s stock worth $2,718,000 after acquiring an additional 58,381 shares during the last quarter. 41.12% of the stock is owned by hedge funds and other institutional investors.

About Total Return Securities

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.