Total Return Securities (NYSE:SWZ) CEO Buys $74,625.00 in Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos bought 12,500 shares of the business’s stock in a transaction on Friday, March 6th. The shares were bought at an average price of $5.97 per share, for a total transaction of $74,625.00. Following the completion of the acquisition, the chief executive officer owned 62,095 shares of the company’s stock, valued at approximately $370,707.15. This represents a 25.20% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Thursday, March 5th, Andrew Dakos acquired 12,000 shares of Total Return Securities stock. The shares were bought at an average cost of $6.01 per share, for a total transaction of $72,120.00.
• On Friday, February 27th, Andrew Dakos acquired 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 cost of $6.17 per share, with a total value of $30,850.00.
• On Wednesday, February 4th, Andrew Dakos purchased 6,000 shares of Total Return Securities stock. The shares were bought at an average price of $6.03 per share, for a total transaction 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 Up 0.2%

NYSE SWZ opened at $6.01 on Thursday. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $9.43. The company has a fifty day simple moving average of $6.11 and a 200 day simple moving average of $6.08.

Hedge Funds Weigh In On Total Return Securities

Several large investors have recently made changes to their positions in the business. Matisse Capital acquired a new stake in Total Return Securities in the 3rd quarter valued at approximately $3,691,000. North Ground Capital boosted its position in shares of 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 acquiring an additional 467,622 shares during the period. Alpine Global Management LLC grew its stake in shares of Total Return Securities by 372.2% in the fourth quarter. Alpine Global Management LLC now owns 413,169 shares of the closed-end fund’s stock worth $2,570,000 after acquiring an additional 325,669 shares during the last quarter. Saba Capital Management L.P. increased its position in 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 acquiring an additional 302,612 shares during the period. Finally, Evolve Private Wealth LLC acquired a new position in Total Return Securities during the 4th quarter valued at $1,355,000. 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.