Andrew Dakos Purchases 6,000 Shares of Total Return Securities (NYSE:SWZ) Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos acquired 6,000 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was acquired at an average price of $6.03 per share, for a total transaction of $36,180.00. Following the acquisition, the chief executive officer owned 39,453 shares of the company’s stock, valued at approximately $237,901.59. This trade represents a 17.94% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Tuesday, February 3rd, Andrew Dakos acquired 10,000 shares of Total Return Securities stock. The shares were bought at an average cost of $5.97 per share, with a total value of $59,700.00.

Total Return Securities Stock Performance

NYSE SWZ traded down $0.02 during trading hours on Thursday, hitting $6.02. 33,774 shares of the company’s stock traded hands, compared to its average volume of 159,616. The business’s fifty day moving average price is $6.15 and its two-hundred day moving average price is $6.09. Total Return Securities, Inc. has a 52 week low of $5.84 and a 52 week high of $9.43.

Hedge Funds Weigh In On Total Return Securities

Institutional investors have recently made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of Total Return Securities by 375.2% during the fourth quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund’s stock worth $102,000 after acquiring an additional 10,795 shares during the last quarter. Beverly Hills Private Wealth LLC acquired a new stake in Total Return Securities in the 2nd quarter worth about $122,000. Mccarter Private Wealth Services LLC acquired a new position in Total Return Securities during the second quarter worth about $92,000. Shaker Financial Services LLC boosted its holdings in Total Return Securities by 63.0% in the 2nd quarter. Shaker Financial Services LLC now owns 140,360 shares of the closed-end fund’s stock valued at $890,000 after purchasing an additional 54,272 shares during the last quarter. Finally, Private Management Group Inc. acquired a new stake in shares of Total Return Securities during the second quarter valued at about $67,000. Hedge funds and other 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.