Insider Buying: Total Return Securities (NYSE:SWZ) CEO Acquires $32,945.00 in Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos purchased 5,500 shares of the stock in a transaction dated Thursday, May 28th. The stock was bought at an average cost of $5.99 per share, with a total value of $32,945.00. Following the completion of the purchase, the chief executive officer owned 126,000 shares in the company, valued at $754,740. The trade was a 4.56% increase in their ownership of the stock. 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 Wednesday, May 27th, Andrew Dakos acquired 7,500 shares of Total Return Securities stock. The shares were purchased at an average cost of $5.97 per share, for a total transaction of $44,775.00.
• On Friday, April 17th, Andrew Dakos acquired 3,000 shares of Total Return Securities stock. The shares were purchased at an average price of $6.09 per share, with a total value of $18,270.00.
• On Thursday, April 16th, Andrew Dakos bought 7,718 shares of Total Return Securities stock. The stock was purchased at an average cost of $6.06 per share, with a total value of $46,771.08.
• On Thursday, April 16th, Andrew Dakos acquired 547 shares of Total Return Securities stock. The stock was purchased at an average price of $6.04 per share, with a total value of $3,303.88.
• On Wednesday, April 8th, Andrew Dakos bought 4,000 shares of Total Return Securities stock. The shares were acquired at an average price of $5.97 per share, for a total transaction of $23,880.00.
• On Tuesday, April 7th, Andrew Dakos bought 2,000 shares of Total Return Securities stock. The stock was acquired at an average cost 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 stock was acquired 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 acquired at an average cost of $5.93 per share, for a total transaction of $28,837.59.
• On Thursday, March 12th, Andrew Dakos acquired 3,324 shares of Total Return Securities stock. The shares were acquired at an average price of $6.00 per share, for a total transaction of $19,944.00.
• On Wednesday, March 11th, Andrew Dakos acquired 1,700 shares of Total Return Securities stock. The stock was acquired at an average price of $6.00 per share, with a total value of $10,200.00.

Total Return Securities Price Performance

NYSE SWZ opened at $6.02 on Monday. The business has a 50 day simple moving average of $6.00 and a 200 day simple moving average of $6.07. Total Return Securities, Inc. has a 52-week low of $5.84 and a 52-week high of $6.43.

Institutional Investors Weigh In On Total Return Securities

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE lifted its position in Total Return Securities by 375.2% in the 4th quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund’s stock valued at $102,000 after acquiring an additional 10,795 shares in the last quarter. Raymond James Financial Inc. bought a new position in Total Return Securities during the 2nd quarter worth about $55,000. Uhlmann Price Securities LLC raised its stake in shares of Total Return Securities by 6.7% in the 3rd quarter. Uhlmann Price Securities LLC now owns 111,654 shares of the closed-end fund’s stock valued at $679,000 after purchasing an additional 7,045 shares during the period. Yakira Capital Management Inc. lifted its holdings in shares of Total Return Securities by 37.8% in the third quarter. Yakira Capital Management Inc. now owns 192,016 shares of the closed-end fund’s stock valued at $1,167,000 after purchasing an additional 52,639 shares in the last quarter. Finally, Boothbay Fund Management LLC bought a new stake in shares of Total Return Securities in the third quarter valued at about $532,000. 41.12% of the stock is currently owned by institutional investors and hedge funds.

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.