Total Return Securities, Inc. (NYSE:SWZ – Get Free Report) insider Phillip Goldstein bought 5,000 shares of the firm’s stock in a transaction dated Thursday, October 8th. The shares were acquired at an average price of $5.73 per share, for a total transaction of $28,650.00. Following the acquisition, the insider directly owned 124,229 shares of the company’s stock, valued at approximately $711,832.17. The trade was a 4.19% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
Total Return Securities Stock Performance
Shares of NYSE:SWZ opened at $5.76 on Friday. Total Return Securities, Inc. has a twelve month low of $5.68 and a twelve month high of $6.31. The business has a fifty day moving average of $5.89 and a 200-day moving average of $5.94.
Institutional Investors Weigh In On Total Return Securities
A number of hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE bought a new position in shares of Total Return Securities in the second quarter worth about $5,152,000. Evolve Private Wealth LLC acquired a new position in shares of Total Return Securities during the second quarter worth approximately $827,000. Sit Investment Associates Inc. lifted its position in shares of Total Return Securities by 33,845.7% during the fourth quarter. Sit Investment Associates Inc. now owns 101,837 shares of the closed-end fund’s stock worth $633,000 after purchasing an additional 101,537 shares in the last quarter. Almitas Capital LLC acquired a new position in shares of Total Return Securities during the second quarter worth approximately $687,000. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Total Return Securities during the second quarter valued at approximately $581,000. Institutional investors own 41.12% of the company’s stock.
Total Return Securities Company Profile
Total Return Securities, traded on the New York Stock Exchange under the symbol SWZ, is associated with the Swiss Helvetia Fund, Inc, a closed-end investment company focused on Swiss securities. The fund is designed to provide investors with exposure to Switzerland’s equity markets through a professionally managed portfolio.
The fund primarily invests in shares of Swiss companies across a range of industries and may also hold other securities, including fixed-income investments and cash equivalents.
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