Total Return Securities (NYSE:SWZ) CEO Andrew Dakos Purchases 4,863 Shares

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos acquired 4,863 shares of Total Return Securities stock in a transaction on Thursday, April 2nd. The shares were purchased at an average cost of $5.93 per share, with a total value of $28,837.59. Following the completion of the purchase, the chief executive officer directly owned 88 shares of the company’s stock, valued at approximately $521.84. This represents a -101.84% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Monday, April 6th, Andrew Dakos acquired 100 shares of Total Return Securities stock. The shares were purchased at an average cost of $5.95 per share, with a total value of $595.00.
• On Thursday, March 12th, Andrew Dakos acquired 3,324 shares of Total Return Securities stock. The shares were purchased at an average cost of $6.00 per share, with a total value of $19,944.00.
• On Wednesday, March 11th, Andrew Dakos acquired 1,700 shares of Total Return Securities stock. The shares were purchased at an average cost of $6.00 per share, with a total value of $10,200.00.
• On Friday, March 6th, Andrew Dakos acquired 12,500 shares of Total Return Securities stock. The shares were purchased at an average cost of $5.97 per share, with a total value of $74,625.00.
• On Thursday, March 5th, Andrew Dakos acquired 12,000 shares of Total Return Securities stock. The shares were purchased at an average cost of $6.01 per share, with a total value of $72,120.00.
• On Friday, February 27th, Andrew Dakos acquired 2,000 shares of Total Return Securities stock. The shares were purchased at an average cost of $6.20 per share, with a total value of $12,400.00.
• On Thursday, February 26th, Andrew Dakos purchased 5,000 shares of Total Return Securities stock. The stock was bought at an average cost of $6.17 per share, with a total value of $30,850.00.
• On Wednesday, February 4th, Andrew Dakos purchased 6,000 shares of Total Return Securities stock. The stock was bought at an average cost of $6.03 per share, with a total value of $36,180.00.
• On Tuesday, February 3rd, Andrew Dakos purchased 10,000 shares of Total Return Securities stock. The stock was bought at an average cost of $5.97 per share, with a total value of $59,700.00.

Total Return Securities Price Performance

NYSE SWZ opened at $5.96 on Tuesday. The company has a 50 day simple moving average of $6.02 and a 200-day simple moving average of $6.06. Total Return Securities, Inc. has a 52-week low of $5.84 and a 52-week high of $9.43.

Institutional Trading of Total Return Securities

A number of hedge funds have recently made changes to their positions in SWZ. Matisse Capital purchased a new stake in shares of Total Return Securities in the third quarter worth approximately $3,691,000. North Ground Capital increased its holdings in Total Return Securities by 241.6% in the fourth quarter. North Ground Capital now owns 661,145 shares of the closed-end fund’s stock worth $4,112,000 after buying an additional 467,622 shares during the last quarter. 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 worth $2,570,000 after buying an additional 325,669 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 worth $3,764,000 after buying an additional 302,612 shares during the last quarter. Finally, Evolve Private Wealth LLC acquired a new position in Total Return Securities in the fourth quarter worth approximately $1,355,000. 41.12% of the stock is owned by hedge funds and other institutional investors.

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.