Andrew Dakos Purchases 12,000 Shares of Total Return Securities (NYSE:SWZ) Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos acquired 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were bought at an average cost of $6.01 per share, with a total value of $72,120.00. Following the completion of the purchase, the chief executive officer owned 49,595 shares of the company’s stock, valued at $298,065.95. This trade represents a 31.92% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Friday, March 6th, Andrew Dakos acquired 12,500 shares of Total Return Securities stock. The stock was bought at an average price of $5.97 per share, with a total value of $74,625.00.
• On Friday, February 27th, Andrew Dakos bought 2,000 shares of Total Return Securities stock. The stock was bought at an average cost of $6.20 per share, for a total transaction of $12,400.00.
• On Thursday, February 26th, Andrew Dakos bought 5,000 shares of Total Return Securities stock. The shares were bought at an average price of $6.17 per share, for a total transaction of $30,850.00.
• On Wednesday, February 4th, Andrew Dakos bought 6,000 shares of Total Return Securities stock. The shares were bought 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 bought at an average cost of $5.97 per share, with a total value of $59,700.00.

Total Return Securities Trading Up 0.4%

Shares of NYSE:SWZ opened at $6.02 on Wednesday. The firm’s 50 day simple moving average is $6.11 and its 200 day simple moving average is $6.08. Total Return Securities, Inc. has a fifty-two week low of $5.84 and a fifty-two week high of $9.43.

Institutional Investors Weigh In On Total Return Securities

Several large investors have recently bought and sold shares of the company. Matisse Capital acquired a new stake in Total Return Securities in the third quarter worth $3,691,000. North Ground Capital grew 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 valued at $4,112,000 after buying an additional 467,622 shares during the period. Alpine Global Management LLC increased its position in shares of Total Return Securities by 372.2% in the 4th quarter. Alpine Global Management LLC now owns 413,169 shares of the closed-end fund’s stock valued at $2,570,000 after buying an additional 325,669 shares in the last quarter. Saba Capital Management L.P. increased its position in shares of Total Return Securities by 100.0% in 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, Evolve Private Wealth LLC acquired a new stake in Total Return Securities during the 4th quarter worth $1,355,000. Institutional investors 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.