Total Return Securities (NYSE:SWZ) CEO Andrew Dakos Acquires 3,000 Shares of Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos purchased 3,000 shares of Total Return Securities stock in a transaction dated Friday, April 17th. The shares were bought at an average price of $6.09 per share, for a total transaction of $18,270.00. Following the acquisition, the chief executive officer owned 106,000 shares in the company, valued at approximately $645,540. This trade represents a 2.91% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Thursday, April 16th, Andrew Dakos purchased 7,718 shares of Total Return Securities stock. The shares were bought at an average price of $6.06 per share, for a total transaction of $46,771.08.
• On Thursday, April 16th, Andrew Dakos purchased 547 shares of Total Return Securities stock. The shares were bought at an average price of $6.04 per share, for a total transaction of $3,303.88.
• On Wednesday, April 8th, Andrew Dakos purchased 4,000 shares of Total Return Securities stock. The shares were purchased at an average price of $5.97 per share, with a total value of $23,880.00.
• On Tuesday, April 7th, Andrew Dakos purchased 2,000 shares of Total Return Securities stock. The shares were purchased at an average price of $5.95 per share, with a total value of $11,900.00.
• On Monday, April 6th, Andrew Dakos purchased 100 shares of Total Return Securities stock. The shares were purchased at an average price of $5.95 per share, with a total value of $595.00.
• On Thursday, April 2nd, Andrew Dakos purchased 4,863 shares of Total Return Securities stock. The shares were purchased at an average price of $5.93 per share, with a total value of $28,837.59.
• On Thursday, March 12th, Andrew Dakos purchased 3,324 shares of Total Return Securities stock. The shares were purchased at an average price of $6.00 per share, with a total value of $19,944.00.
• On Wednesday, March 11th, Andrew Dakos purchased 1,700 shares of Total Return Securities stock. The shares were purchased at an average price 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 purchased at an average price of $5.97 per share, with a total value of $74,625.00.
• On Thursday, March 5th, Andrew Dakos purchased 12,000 shares of Total Return Securities stock. The shares were purchased at an average price of $6.01 per share, with a total value of $72,120.00.

Total Return Securities Stock Performance

Shares of NYSE SWZ opened at $6.10 on Tuesday. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $6.43. The company has a 50 day simple moving average of $6.03 and a 200-day simple moving average of $6.06.

Hedge Funds Weigh In On Total Return Securities

A number of hedge funds have recently modified their holdings of the business. Alpine Global Management LLC grew its holdings in shares of Total Return Securities by 372.2% during the 4th quarter. Alpine Global Management LLC now owns 413,169 shares of the closed-end fund’s stock worth $2,570,000 after purchasing an additional 325,669 shares during the period. Sit Investment Associates Inc. lifted its holdings in shares of Total Return Securities by 33,845.7% in the 4th quarter. Sit Investment Associates Inc. now owns 101,837 shares of the closed-end fund’s stock worth $633,000 after acquiring an additional 101,537 shares during the last quarter. Saba Capital Management L.P. lifted its holdings 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 worth $3,764,000 after acquiring an additional 302,612 shares during the last quarter. Rivernorth Capital Management LLC lifted its holdings in shares of Total Return Securities by 15.4% in the 4th quarter. Rivernorth Capital Management LLC now owns 437,018 shares of the closed-end fund’s stock worth $2,718,000 after acquiring an additional 58,381 shares during the last quarter. Finally, Evolve Private Wealth LLC acquired a new position in shares of Total Return Securities in the 4th quarter worth approximately $1,355,000. 41.12% of the stock is currently 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.