Total Return Securities (NYSE:SWZ) CEO Andrew Dakos Acquires 3,324 Shares of Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos purchased 3,324 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were purchased at an average cost of $6.00 per share, with a total value of $19,944.00. Following the completion of the transaction, the chief executive officer owned 67,119 shares of the company’s stock, valued at approximately $402,714. The trade was a 5.21% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Wednesday, March 11th, Andrew Dakos purchased 1,700 shares of Total Return Securities stock. The stock was purchased at an average price of $6.00 per share, for a total transaction of $10,200.00.
• On Friday, March 6th, Andrew Dakos acquired 12,500 shares of Total Return Securities stock. The stock was purchased at an average cost of $5.97 per share, for a total transaction of $74,625.00.
• On Thursday, March 5th, Andrew Dakos acquired 12,000 shares of Total Return Securities stock. The shares were purchased at an average price of $6.01 per share, with a total value of $72,120.00.
• On Friday, February 27th, Andrew Dakos bought 2,000 shares of Total Return Securities stock. The shares were purchased at an average cost of $6.20 per share, with a total value of $12,400.00.
• On Thursday, February 26th, Andrew Dakos bought 5,000 shares of Total Return Securities stock. The shares were purchased at an average cost of $6.17 per share, with a total value of $30,850.00.
• On Wednesday, February 4th, Andrew Dakos bought 6,000 shares of Total Return Securities stock. The stock was purchased at an average price of $6.03 per share, with a total value of $36,180.00.
• On Tuesday, February 3rd, Andrew Dakos purchased 10,000 shares of Total Return Securities stock. The stock was purchased at an average cost of $5.97 per share, for a total transaction of $59,700.00.

Total Return Securities Stock Down 0.5%

Shares of SWZ stock opened at $5.98 on Friday. The business’s fifty day simple moving average is $6.10 and its 200-day simple moving average is $6.08. Total Return Securities, Inc. has a 12-month low of $5.84 and a 12-month high of $9.43.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in Total Return Securities in the second quarter valued at about $55,000. Marex Group plc purchased a new stake in shares of Total Return Securities during the fourth quarter worth about $62,000. Private Management Group Inc. acquired a new position in shares of Total Return Securities during the second quarter valued at about $67,000. Capital Investment Counsel Inc acquired a new position in shares of Total Return Securities during the fourth quarter valued at about $93,000. Finally, TrueMark Investments LLC purchased a new position in shares of Total Return Securities in the 4th quarter valued at approximately $95,000. 41.12% of the stock is owned by institutional investors and hedge funds.

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.