Andrew Dakos Buys 7,500 Shares of Total Return Securities (NYSE:SWZ) Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos bought 7,500 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were acquired at an average cost of $5.97 per share, for a total transaction of $44,775.00. Following the completion of the transaction, the chief executive officer owned 120,500 shares of the company’s stock, valued at approximately $719,385. The trade was a 6.64% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Thursday, May 28th, Andrew Dakos bought 5,500 shares of Total Return Securities stock. The shares were acquired at an average cost of $5.99 per share, for a total transaction of $32,945.00.
• On Friday, April 17th, Andrew Dakos bought 3,000 shares of Total Return Securities stock. The shares were acquired at an average cost of $6.09 per share, for a total transaction of $18,270.00.
• On Thursday, April 16th, Andrew Dakos bought 7,718 shares of Total Return Securities stock. The shares were acquired at an average cost of $6.06 per share, for a total transaction of $46,771.08.
• On Thursday, April 16th, Andrew Dakos bought 547 shares of Total Return Securities stock. The shares were acquired at an average cost of $6.04 per share, for a total transaction of $3,303.88.
• On Wednesday, April 8th, Andrew Dakos bought 4,000 shares of Total Return Securities stock. The shares were acquired at an average cost of $5.97 per share, for a total transaction of $23,880.00.
• On Tuesday, April 7th, Andrew Dakos bought 2,000 shares of Total Return Securities stock. The shares were acquired at an average cost of $5.95 per share, for a total transaction of $11,900.00.
• On Monday, April 6th, Andrew Dakos bought 100 shares of Total Return Securities stock. The shares were acquired at an average cost of $5.95 per share, for a total transaction of $595.00.
• On Thursday, April 2nd, Andrew Dakos bought 4,863 shares of Total Return Securities stock. The shares were acquired at an average cost of $5.93 per share, for a total transaction of $28,837.59.
• On Thursday, March 12th, Andrew Dakos bought 3,324 shares of Total Return Securities stock. The shares were acquired at an average cost of $6.00 per share, for a total transaction of $19,944.00.
• On Wednesday, March 11th, Andrew Dakos bought 1,700 shares of Total Return Securities stock. The shares were acquired at an average cost of $6.00 per share, for a total transaction of $10,200.00.

Total Return Securities Stock Up 0.2%

Shares of NYSE SWZ opened at $6.02 on Friday. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $6.43. The stock’s 50-day simple moving average is $6.00 and its 200-day simple moving average is $6.07.

Institutional Trading of Total Return Securities

A number of hedge funds and other institutional investors have recently modified their holdings of SWZ. Alpine Global Management LLC increased its holdings in 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 valued at $2,570,000 after buying an additional 325,669 shares during the last quarter. Sit Investment Associates Inc. increased its holdings in Total Return Securities by 33,845.7% in the fourth quarter. Sit Investment Associates Inc. now owns 101,837 shares of the closed-end fund’s stock valued at $633,000 after buying an additional 101,537 shares during the last quarter. Saba Capital Management L.P. increased its holdings in Total Return Securities by 100.0% in the fourth 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 during the last quarter. Rivernorth Capital Management LLC increased its holdings in Total Return Securities by 15.4% in 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 buying an additional 58,381 shares during the last quarter. Finally, Evolve Private Wealth LLC bought a new stake in Total Return Securities in the fourth quarter valued at about $1,355,000. 41.12% of the stock is owned by hedge funds and other institutional investors.

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.