Total Return Securities (NYSE:SWZ) Insider Phillip Goldstein Buys 5,980 Shares

Total Return Securities, Inc. (NYSE:SWZ) insider Phillip Goldstein purchased 5,980 shares of Total Return Securities stock in a transaction dated Monday, July 6th. The stock was bought at an average price of $5.95 per share, for a total transaction of $35,581.00. Following the completion of the purchase, the insider owned 119,214 shares in the company, valued at $709,323.30. This represents a 5.28% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Total Return Securities Price Performance

SWZ stock traded down $0.04 during trading on Wednesday, reaching $5.94. 27,171 shares of the company were exchanged, compared to its average volume of 90,128. The company has a 50-day moving average of $5.97 and a two-hundred day moving average of $6.04. Total Return Securities, Inc. has a twelve month low of $5.84 and a twelve month high of $6.43.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. North Ground Capital raised its holdings in 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 last quarter. Matisse Capital grew its holdings in Total Return Securities by 0.5% during the 4th quarter. Matisse Capital now owns 610,000 shares of the closed-end fund’s stock worth $3,794,000 after acquiring an additional 3,000 shares during the last quarter. Saba Capital Management L.P. increased its position in 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. Rivernorth Capital Management LLC raised its stake in shares of Total Return Securities by 15.4% during the fourth quarter. Rivernorth Capital Management LLC now owns 437,018 shares of the closed-end fund’s stock valued at $2,718,000 after acquiring an additional 58,381 shares during the last quarter. Finally, Alpine Global Management LLC raised 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 valued at $2,570,000 after acquiring an additional 325,669 shares during the last quarter. 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.