Evolve Private Wealth LLC Takes $827,000 Position in Total Return Securities, Inc. $SWZ

Evolve Private Wealth LLC bought a new position in shares of Total Return Securities, Inc. (NYSE:SWZ) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 139,192 shares of the closed-end fund’s stock, valued at approximately $827,000. Evolve Private Wealth LLC owned about 1.07% of Total Return Securities at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Matisse Capital increased its holdings in shares of Total Return Securities by 0.5% in the fourth quarter. Matisse Capital now owns 610,000 shares of the closed-end fund’s stock valued at $3,794,000 after purchasing an additional 3,000 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Total Return Securities by 58.3% during the 3rd quarter. Raymond James Financial Inc. now owns 13,850 shares of the closed-end fund’s stock worth $84,000 after buying an additional 5,100 shares during the last quarter. Susquehanna International Group LLP lifted its stake in shares of Total Return Securities by 89.6% during the 3rd quarter. Susquehanna International Group LLP now owns 19,315 shares of the closed-end fund’s stock worth $117,000 after buying an additional 9,126 shares during the last quarter. Marex Group plc bought a new stake in shares of Total Return Securities during the 4th quarter worth about $62,000. Finally, Bank of America Corp DE boosted its holdings in shares of Total Return Securities by 375.2% during the 4th quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund’s stock worth $102,000 after buying an additional 10,795 shares during the period. 41.12% of the stock is owned by institutional investors and hedge funds.

Total Return Securities Stock Performance

Shares of SWZ opened at $5.93 on Monday. Total Return Securities, Inc. has a 52 week low of $5.84 and a 52 week high of $6.31. The firm’s 50-day simple moving average is $5.93 and its 200 day simple moving average is $5.98.

Insider Buying and Selling

In other news, CEO Andrew Dakos bought 5,000 shares of the stock in a transaction dated Thursday, July 2nd. The shares were bought at an average price of $5.92 per share, for a total transaction of $29,600.00. Following the completion of the purchase, the chief executive officer owned 131,000 shares in the company, valued at approximately $775,520. This trade represents a 3.97% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Phillip Goldstein bought 5,980 shares of the stock in a transaction dated Monday, July 6th. The shares were purchased at an average price of $5.95 per share, for a total transaction of $35,581.00. Following the purchase, the insider owned 119,214 shares of the company’s stock, valued at $709,323.30. This trade represents a 5.28% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have bought 37,226 shares of company stock valued at $221,258. Corporate insiders own 0.03% 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.