Insider Buying: Total Return Securities (NYSE:SWZ) Insider Buys $35,581.00 in Stock

Total Return Securities, Inc. (NYSE:SWZ) insider Phillip Goldstein purchased 5,980 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was purchased at an average price of $5.95 per share, with a total value of $35,581.00. Following the transaction, the insider owned 119,214 shares of the company’s stock, valued at approximately $709,323.30. This represents a 5.28% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Total Return Securities Stock Performance

Shares of Total Return Securities stock opened at $5.95 on Friday. The business has a 50 day moving average price of $5.96 and a 200 day moving average price of $6.04. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $6.43.

Institutional Investors Weigh In On Total Return Securities

Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE grew its stake 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 valued at $102,000 after buying an additional 10,795 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Total Return Securities in the second quarter worth $55,000. Boothbay Fund Management LLC purchased a new position in shares of Total Return Securities in the 3rd quarter valued at $532,000. Quarry LP purchased a new stake in Total Return Securities during the 3rd quarter worth $456,000. Finally, Susquehanna International Group LLP lifted its stake in shares of Total Return Securities by 89.6% during the third quarter. Susquehanna International Group LLP now owns 19,315 shares of the closed-end fund’s stock worth $117,000 after purchasing an additional 9,126 shares in the last quarter. 41.12% of the stock is 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.