Total Return Securities (NYSE:SWZ) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Total Return Securities, Inc. (NYSE:SWZ) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.06 and traded as low as $5.92. Total Return Securities shares last traded at $5.94, with a volume of 38,219 shares trading hands.

Total Return Securities Trading Up 0.2%

The firm has a fifty day simple moving average of $6.02 and a 200-day simple moving average of $6.06.

Insider Activity

In related news, CEO Andrew Dakos purchased 12,500 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average price of $5.97 per share, for a total transaction of $74,625.00. Following the purchase, the chief executive officer owned 62,095 shares in the company, valued at approximately $370,707.15. This represents a 25.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Phillip Goldstein purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was bought at an average price of $5.98 per share, for a total transaction of $59,800.00. Following the purchase, the insider owned 113,234 shares in the company, valued at $677,139.32. The trade was a 9.69% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 77,524 shares of company stock valued at $466,369 in the last ninety days. 0.03% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Total Return Securities

Several institutional investors and hedge funds have recently made changes to their positions in SWZ. Allspring Global Investments Holdings LLC increased its position in Total Return Securities by 10.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,127,310 shares of the closed-end fund’s stock worth $12,934,000 after buying an additional 196,505 shares during the period. Blue Bell Private Wealth Management LLC boosted its position in shares of Total Return Securities by 83.5% in the third quarter. Blue Bell Private Wealth Management LLC now owns 192,703 shares of the closed-end fund’s stock valued at $1,172,000 after acquiring an additional 87,695 shares during the period. Matisse Capital bought a new stake in shares of Total Return Securities in the third quarter valued at about $3,691,000. Shaker Financial Services LLC boosted its position in shares of Total Return Securities by 112.9% in the third quarter. Shaker Financial Services LLC now owns 298,862 shares of the closed-end fund’s stock valued at $1,817,000 after acquiring an additional 158,502 shares during the period. Finally, Alpine Global Management LLC acquired a new position in shares of Total Return Securities in the third quarter valued at about $532,000. Institutional investors and hedge funds own 41.12% 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.