Total Return Securities, Inc. (NYSE:SWZ – Get Free Report) Director Moritz Sell purchased 2,091 shares of the business’s stock in a transaction on Friday, June 26th. The shares were purchased at an average cost of $5.88 per share, for a total transaction of $12,295.08. Following the transaction, the director owned 18,246 shares of the company’s stock, valued at $107,286.48. This trade represents a 12.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Total Return Securities Price Performance
SWZ stock opened at $5.92 on Thursday. Total Return Securities, Inc. has a twelve month low of $5.84 and a twelve month high of $6.43. The business has a 50 day simple moving average of $5.97 and a 200-day simple moving average of $6.05.
Institutional Trading of Total Return Securities
Large investors have recently bought and sold shares of the business. North Ground Capital increased its stake in Total Return Securities by 241.6% in the fourth quarter. North Ground Capital now owns 661,145 shares of the closed-end fund’s stock valued at $4,112,000 after purchasing an additional 467,622 shares during the period. Alpine Global Management LLC boosted its stake in shares of Total Return Securities by 372.2% during the fourth quarter. Alpine Global Management LLC now owns 413,169 shares of the closed-end fund’s stock worth $2,570,000 after buying an additional 325,669 shares during the period. Saba Capital Management L.P. grew its holdings in shares of Total Return Securities by 100.0% during the fourth quarter. Saba Capital Management L.P. now owns 605,224 shares of the closed-end fund’s stock worth $3,764,000 after buying an additional 302,612 shares during the last quarter. Evolve Private Wealth LLC acquired a new position in Total Return Securities in the 4th quarter valued at about $1,355,000. Finally, Sit Investment Associates Inc. increased its position in Total Return Securities by 33,845.7% in the 4th quarter. Sit Investment Associates Inc. now owns 101,837 shares of the closed-end fund’s stock valued at $633,000 after acquiring an additional 101,537 shares during the period. Institutional investors and hedge funds own 41.12% 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.
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