Total Return Securities (NYSE:SWZ) CEO Acquires $19,944.00 in Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos bought 3,324 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was bought at an average cost of $6.00 per share, for a total transaction of $19,944.00. Following the completion of the transaction, the chief executive officer directly 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

Total Return Securities Price Performance

SWZ stock traded down $0.03 during trading on Friday, reaching $5.98. 5,853 shares of the stock traded hands, compared to its average volume of 75,544. The business’s 50 day moving average price is $6.10 and its 200-day moving average price is $6.08. Total Return Securities, Inc. has a 52-week low of $5.84 and a 52-week high of $9.43.

Institutional Trading of Total Return Securities

A number of institutional investors and hedge funds have recently bought and sold shares of SWZ. Matisse Capital purchased a new position in Total Return Securities in the third quarter valued at approximately $3,691,000. North Ground Capital grew its stake in Total Return Securities by 241.6% during the fourth 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 period. Alpine Global Management LLC increased its position 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 in the last quarter. Saba Capital Management L.P. raised its stake 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 acquiring an additional 302,612 shares during the period. Finally, Evolve Private Wealth LLC purchased a new position in shares of Total Return Securities in the 4th quarter valued at $1,355,000. Institutional investors and hedge funds own 41.12% of the company’s stock.

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.