Insider Buying: Total Return Securities (NYSE:SWZ) CEO Buys $44,775.00 in Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos bought 7,500 shares of Total Return Securities stock in a transaction that occurred on Wednesday, May 27th. The stock was purchased at an average cost of $5.97 per share, with a total value of $44,775.00. Following the completion of the transaction, the chief executive officer owned 120,500 shares of the company’s stock, valued at $719,385. This trade represents a 6.64% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Thursday, May 28th, Andrew Dakos purchased 5,500 shares of Total Return Securities stock. The shares were acquired at an average price of $5.99 per share, for a total transaction of $32,945.00.
• On Friday, April 17th, Andrew Dakos purchased 3,000 shares of Total Return Securities stock. The stock was acquired at an average cost of $6.09 per share, for a total transaction of $18,270.00.
• On Thursday, April 16th, Andrew Dakos acquired 7,718 shares of Total Return Securities stock. The stock was acquired at an average price 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 shares were acquired at an average cost 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 shares were acquired at an average price of $5.95 per share, for a total transaction of $11,900.00.
• On Monday, April 6th, Andrew Dakos bought 100 shares of Total Return Securities stock. The stock was acquired at an average cost of $5.95 per share, for a total transaction of $595.00.
• On Thursday, April 2nd, Andrew Dakos purchased 4,863 shares of Total Return Securities stock. The stock was acquired at an average cost 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 acquired at an average price 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 bought at an average cost of $6.00 per share, for a total transaction of $10,200.00.

Total Return Securities Stock Up 0.2%

NYSE SWZ opened at $6.02 on Monday. Total Return Securities, Inc. has a 1-year low of $5.84 and a 1-year high of $6.43. The stock’s 50 day moving average is $6.00 and its two-hundred day moving average is $6.07.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new stake in shares of Total Return Securities in the 2nd quarter valued at $55,000. Marex Group plc acquired a new stake in shares of Total Return Securities during the 4th quarter worth about $62,000. Bank of America Corp DE increased its position 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 worth $102,000 after purchasing an additional 10,795 shares in the last quarter. Capital Investment Counsel Inc bought a new position in Total Return Securities during the 4th quarter valued at about $93,000. Finally, TrueMark Investments LLC bought a new position in Total Return Securities during the 4th quarter valued at about $95,000. 41.12% of the stock is currently owned by institutional investors and hedge funds.

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.